Documents Needed for PPP Forgiveness
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Are you needing to apply for loan forgiveness and unsure what you need?
In order to file to have your loans forgiven, you must fill out this application or through an online platform your lender has provided.
Data Requested:
- The Legal Name of your Business
- Primary contact name and email address
- Business Address and phone number
- SBA PPP Loan
- Lender PPP Loan Number
- Number of employees at the time the loan application was made
- Number of current employees (at the time you are applying for forgiveness)
- Date when you received the PPP Loan
- EIDL Advance Amount – if you received a SBA Economic Injury Disaster Loan
- Payroll Schedule
- Eight-week covered period of you PPP Loan
- Proof of time and value of eligible expenses
You must then certify that the dollar amount that you are asking to be forgiven was used to cover payroll costs to retain employees, business mortgage interest payments, or utility payments.
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