The U.S. Small Business Administration has launched a streamlined application portal to allow borrowers (including sole proprietors) with Paycheck Protection Program loans of $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.
Read more at SBA.
What you need to know
- Borrowers must apply.
- Lenders must opt-in.
A PPP customer service team is standing by to assist borrowers. Call (877) 552-2692, 7 a.m. – 7 p.m. Central