Categories: Resources

Documents Needed for PPP Forgiveness

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.

 

 

hollie bourne

Recent Posts

New Payroll Confirmation

CONGRATULATIONS!  You have successfully submitted your information for a new payroll set up! In the…

2 years ago

‘Math Error’ : What the IRS Notice Really Means

As of early October, 2020, the IRS has sent over 9 million notices out to…

3 years ago

Advancements in the Child Tax Credits

The Child Tax Credit Update Portal allows families to update direct deposit information or unenroll…

3 years ago

How-to Opt out of the Advance Child Tax Credit Payments

Here are the instructions if you go the route of creating an IRS.gov account prior…

3 years ago

Child Tax Credits

The IRS is sending letters to more than 36 million families who may qualify for…

4 years ago

The Do’s and Don’ts for Receiving a Notice from the IRS

IRS Tax Tips: A Message for the IRS The IRS mails letters or notices to…

4 years ago