CARES ACT

You are eligible to apply if you have:

1. spent all your funds, OR
2. reached the end of your covered period (no shorter than 8 weeks and no longer than 24 weeks after your loan funding date)

The deadline to apply for forgiveness is 10 months after your covered period ends.

Email to receive your UNIQUE application link. In your email, please include the legal name of the borrowing entity, your contact information and if possible, the PPP SBA loan number.

If your loan is under $150,000 you will need to complete this form.

• No additional documentation is required if you are applying for forgiveness for your first-draw
• If applying for forgiveness for your second-draw loan you will need to provide documentation showing the 25% drop in gross receipts from 2019 to 2020. If comparing year-over-year, please provide tax returns. If comparing two quarters, you may provided audited financial statements, like a Profit and Loss statement.

If your loan is over $150,000, please refer to the SBA application instructions below for detailed guidance and required documents.

3508EZ Instructions for Borrowers

3805 Instructions for Borrowers

At a minimum, most businesses will need to provide:

• Payroll reports showing each employee for the entire covered period
• Federal quarterly payroll tax filings (Form 941) overlapping with the covered period
• State quarterly payroll tax filings overlapping with the covered period
• Sole-proprietors will need to provide their 2019 or 2020 personal tax return, if it was not submitted at the time of the loan application.

Your covered period is a period of your choosing, during which you spent the proceeds of the loan. It begins on the date your loan was funded (ask us if you are unsure of this date). It is no shorter than 8 weeks and no longer than 24 weeks.

You can check your current loan balance at any time by referencing the Amortization Schedule we provided you after your loan funded. To request another copy of the Amortization Schedule, please send an email to 

Note: The loan balance is not the same as the loan payoff amount.

Yes. There are caps for max payroll spent per employee. It is $100,000 annually, pro-rated for the covered period. So if you were to elect for a 10-week covered period, the maximum you can claim towards forgiveness per employee is $19,231 ($100,000 divided by 52 (weeks in a year) multiplied by 10 (weeks in the covered period). Owner-employees (anyone with ownership) are capped at $20,833 regardless of the time period.

Keep “what if I want to revise incorrect information on my application” question at the bottom – no change to that.