*Please note: PPP loan funds have been exhausted and applications are no longer being accepted as of May 5, 2021.*
PPP Loan Forgiveness
We know that loan forgiveness is important to you and your business.
The entire amount of your PPP loan, plus accrued interest, could be forgiven, but it is important for you to know that loan forgiveness is not automatic.
Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels. Forgiveness will be reduced if full-time headcount declines, or if salaries and wages decrease.
How to Apply for Forgiveness