TīmeklisForm 3508EZ will be used by most PPP borrowers. You will need to qualify to continue using the 3508EZ application. 3508EZ Qualifying Form. Form 3508. If the qualifying form does not apply to you, use form 3508. The regular form 3508 is a more complex document; for those borrowers who need to use it we suggest you seek professional … Tīmeklis2024. gada 17. jūn. · The 3508EZ form is designed for businesses that borrowed more than $150,000 for their first or second draw PPP loan and who meet at least one of …
SBA Releases New EZ PPP Loan Forgiveness Application - Forbes
Tīmeklis2024. gada 26. okt. · Form 3508EZ and S are simplified documents for eligible employers and solopreneurs. Unless you qualify to use the EZ or S versions, you must apply with the regular Form 3508. The difference between the forms lies in the calculations you need to do. TīmeklisLoan. If you are not eligible to use this form, you must apply for forgiveness of your PPP loan using SBA Form 3508 or 3508EZ (or lender’s equivalent form). Each PPP loan must use a separate loan forgiveness application form. You cannot use one form to apply for forgiveness of both a First and Second Draw PPP loan. SBA Form 3508S … orange county expressway authority orlando
PPP Forgiveness Application Step by Step: 3508EZ - Self-Help
Tīmeklis2024. gada 13. aug. · To get your Payroll Costs, follow these steps: Run the 3508EZ Payroll Costs report, by clicking on that tab. Enter your Coverage Period or Alternative Coverage Period, which is either an 8-week range or 24-week range. The Coverage Period would start on the day your loan was funded. The Alternative Period would … TīmeklisSBA Form 3508 (06/20) Page 1 Paycheck Protection Prog ram Loan Forgiveness Application Revised June 16, 2024 . ... (PPP) loan, you (the Borrower) may use the Form 3508EZ application or complete this application as directed in these instructions, and submit it to your Lender (or the Lender that is servicing your loan). Borrowers … Tīmeklis2024. gada 11. aug. · The SBA Loan Forgiveness Form 3508EZ Instructions clarify who can use the simpler form to request Forgiveness. You will find summarized criteria below; please go to this link 3508EZ for complete details.. Are self-employed, an independent contractor, or a sole proprietor and had no employees when you applied … orange county executive steven m. neuhaus