PPP Loan Forgiveness Application Resources
PPP Loan Forgiveness Application Resources
The SBA has recently simplified the PPP loan forgiveness process, including offering a shortened application for those qualifying borrowers. Visit the US Treasury website to learn more about the CARES Act.
Application Forms & Checklist
As a first step, we suggest reviewing the Loan Forgiveness Application Form EZ Instructions to determine if you qualify. For those that meet the standards to complete SBA Form 3508 EZ to apply for forgiveness, click the link below.
For those borrowers who may not qualify for the shortened application, updated Loan Forgiveness Application Instructions for completing SBA Form 3508 and Loan Forgiveness Application Instructions for SBA Form 3508S are now available. View the application at the link below.
Loan Forgiveness Application SBA Form 3508
Loan Forgiveness Application SBA Form 3508S
A revised application was made available this same day and can be downloaded at the link below.
Revised Loan Forgiveness Application
Plains Commerce Bank has created a PPP Loan Forgiveness Checklist to be used to support your fully completed and signed SBA Form 3508 EZ or SBA Form 3508. This form must be provided as part of the forgiveness application as noted below.
View PPP Loan Forgiveness Checklist
Webinar Summarizing SBA Form 3508
Plains Commerce Bank has created and recorded a webinar summarizing SBA Form 3508 – Paycheck Protection Loan Forgiveness Application for your benefit.