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 SBA 3508S 2020

2020-2025 Form

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Instructions and help about SBA 3508S

[Music] hi I'm Micah Ruger I'm the managing partner Greenbush Financial Group on May 15th the SBA released the long-awaited forgiveness application for the PPP program so all these small business owners that took the Paycheck protection program loans a few weeks ago now we're finally getting the first look as of what the application process is going to look like to get those loans forgiven they also provided some clarification on what expenses would qualify and not qualify for forgiveness but they also left some areas gray still that we might need further guidance on I'm gonna highlight some of those in the video today but the main piece of this I'm gonna walk you through the application so you know how to complete it how to run the calculations that are in this forgiveness application as well as some additional guidance so what does the forgiveness process going to look like so you have 60 days from the end date of your covered eight-week period

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