SBA launching PPP forgiveness portal |
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Written by Colorado Green Now |
Tuesday, July 27, 2021 03:00 AM |
UPDATE: SBA has announced the opening of the PPP forgiveness portal: https://www.sba.gov/article/2021/jul/28/sba-announces-opening-paycheck-protection-program-direct-forgiveness-portal. Borrowers with PPP loans of $150,000 or less can apply directly to SBA for forgiveness through the portal, which opens August 4th. US Small Business Association (SBA) is launching a PPP loan forgiveness portal that is expected to expedite some forgiveness applications. Borrowers may be able to apply for forgiveness directly with the SBA with this new platform. According to an article at inc.com, SBA is expected to make an announcement about the new portal and publish an interim final rule regarding loan forgiveness. While no official announcement has been made from SBA yet, news sources have reported that the portal will be available on or about August 4. Read the full story at inc.com: https://www.inc.com/diana-ransom/ppp-forgiveness-portal-sba-new-details.html Additionally, SBA will host a webinar, "Getting Back on Track: Help is Here," for the Rocky Mountain region on Thursday, July 29. Get details and register here. Read SBA PPP loan forgiveness platform user guide. Read more in this issue of Colorado Green NOW: |