Small businesses can now access a simpler application for having their Paycheck Protection Program loans forgiven. The U.S. Small Business Administration and U.S. Treasury announced the new applications for loans of $50,000 or less yesterday. More information can be found in the link below. The Small Business Administration began processing forgiveness applications on October 2, 2020.

• SBA and Treasury announce simpler PPP forgiveness for loans of $50,000 or less