How do I get forgiveness on my Paycheck Protection Program (PPP) loan?

You must apply through your lender for forgiveness on your loan. In this application, you must include:

  • Documentation verifying the number of employees on payroll and pay rates, including Internal Revenue Service (IRS) payroll tax filings and State income, payroll and unemployment insurance filings
  • Documentation verifying payments on covered mortgage obligations, lease obligations, and utilities
  • Certification from a representative of your business or organization that is authorized to certify that the documentation provided is true and that the amount that is being forgiven was used in accordance with the program’s guidelines for use

Show All Answers

1. What support is there for small businesses?
2. What assistance is there for nonprofits?
3. What types of businesses and entities are eligible for a Paycheck Protection Program (PPP) loan?
4. What are Small Business Administration (SBA) affiliation rules?
5. What types of non-profits are eligible for the Small Business Administration (SBA) Paycheck Protection Program (PPP) assistance?
6. How is the Paycheck Protection Program (PPP) loan size determined?
7. What costs are eligible for payroll under the Paycheck Protection Program (PPP)?
8. What costs are not eligible for payroll under the Paycheck Protection Program (PPP)?
9. What are allowable uses of loan proceeds with a Paycheck Protection Program (PPP) loan?
10. What are the loan term, interest rate, and fees for a Paycheck Protection Program (PPP) loan?
11. How is the forgiveness amount calculated under the Paycheck Protection Program (PPP)?
12. How do I get forgiveness on my Paycheck Protection Program (PPP) loan?
13. What happens after the forgiveness period for a Paycheck Protection Program (PPP) loan?
14. Can I get more than one Paycheck Protection Program (PPP) loan?
15. What kind of lender can I get a Paycheck Protection Program (PPP) loan from?
16. How does the Paycheck Protection Program (PPP) loan coordinate with Small Business Administration (SBA) existing loans?
17. How does the Paycheck Protection Program (PPP) loan work with the temporary Emergency Economic Injury Grants and the Small Business Debt Relief program?
18. Still have questions? See our other CARES Act FAQs: