Thank you for visiting our new site. We are in beta please excuse any issues.

blog hero


Get the latest in print & creative arts business updates, trends, and inspiration.

PPP Loan Forgiveness Simplified For Loans Of $50K Or Less

The SBA began forgiving PPP loans on October 2. A few days later on Oct. 8, the Small Business Administration announced new, more lenient PPP Loan forgiveness. The announcement has links to the REVISED PPP LOAN FORGIVENESS APPLICATION, the INSTRUCTIONS FOR THE REVISED FORM, and the INTERIM FINAL RULE. Here is a link to the information and a summary of it, below:

For loans of $50,000 or less

  • All loans will be forgiven, even if some the original parameters of the loan were unable to be followed, such as:
    • The number of full-time equivalents was reduced
    • The employees salaries and/or wages were reduced

Related Posts

Sign Up to Start Receiving Chronicles

Contact me for the next session

Contact me about the next Print 101 class


Get a Free eBook on using Ancilliary Benefits to Retain Employees