Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

Small Business

SBA simplifies PPP loan-forgiveness application for borrowers of $50K or less

The U.S. Small Business Administration, in consultation with the Treasury Department, recently rolled out a simpler loan-forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less.  The application, called SBA Form 3508S, requires fewer calculations and less documentation for eligible borrowers. Perhaps most importantly, borrowers that use SBA Form 3508S are exempt from

Advertisement

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.