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PPP Forgiveness Portal

The SBA recently sent out a newsletter with information for Paycheck Protection Program borrowers. If you loan was less than $150,000, you can potentially apply for direct forgiveness through the SBA website.

  • Find out if your lender participates in the program

  • Apply for forgiveness

A borrower can apply for forgiveness once all loan proceeds for which the borrower is requesting forgiveness have been used. Borrowers can apply for forgiveness any time up to the maturity date of the loan. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred, and borrowers will begin making loan payments to their PPP lender.



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