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Simplified application for forgiveness of the Payroll Protection Program loans

Writer: Schoelles and AssociatesSchoelles and Associates

The Treasury Department and SBA released a simplified application for forgiveness of the Payroll Protection Program loans. This is not for automatic forgiveness. So if you received less than $50,000 from this program, Form 3508S will be less complicated to complete. Substantiation is still required and approval must be obtained.




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