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SBA Releases PPP Loan Forgiveness Application

The U.S. Small Business Administration (SBA) has released a loan forgiveness application that borrowers must complete to have their Paycheck Protection Program (PPP) loan forgiven. The form includes detailed information about the eligible cost for forgiveness and instructions for calculating those costs, as well as a list of documents to submit and documents that must be maintained but are not required for submission. This article provides more details on the process.