In response to the complaints about the complexity of applying for forgiveness, the S.B.A. now has a streamline application portal. Beginning August 4th, if your loan is $150,000 or less, you can use this S.B.A. portal to seek forgiveness from your lender.
Lenders are required to opt into this program and may do so through this portal. Over 600 lenders (banks) have agreed to participate in this simplified process!
Call the S.B.A. Paycheck Forgiveness Hotline 877-552-2692 for help!
