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Contact Info

1 North Franklin
Suite 1200
Chicago, Illinois 60606
Phone: (312) 938-4070
Fax: (312) 540-1162

From the Press Room

  • Boodell & Domanskis, LLC - Chicago Business Law

    SBA and Treasury Announce Simpler PPP Loan Forgiveness Form for Loans of $50K and Less

    The U.S. Small Business Administration has released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses.

    The Application: https://www.sba.gov/sites/default/files/2020-10/PPP%20Loan%20Forgiveness%20Application%20Form%203508S.pdf?utm_medium=email&utm_source=govdelivery

    Instructions: https://www.sba.gov/sites/default/files/2020-10/PPP%20Loan%20Forgiveness%20Application%20Form%203508S%20Instructions.pdf?utm_medium=email&utm_source=govdelivery

    We are available to answer your questions about Paycheck Protection Program loan forgiveness and any general issues concerning your business.

    If you need assistance navigating these uncertain times, please reach out to us. Our law office has remained open and continues to serve our clients. We are available by telephone, email and Zoom.

    Should you have any questions or wish to schedule a consultation concerning the topics in this article, please contact Audra Karalius at akaralius@boodlaw.com.

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