---
title: PPP Loan Forgiveness Application
description: A recent Forbes article that delved deeper into the PPP loan and the parameters.
image: https://blog.employerflexible.com/hubfs/Stock%20images/Man%20at%20home%20reading%20newspaper.jpeg
---

# News & Events

# PPP Loan Forgiveness Application

 Posted by: [ Employer Flexible ](https://blog.employerflexible.com/author/employer-flexible) on  May 19, 2020

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Forbes posted an excellent [article](https://www.forbes.com/sites/anthonynitti/2020/05/16/sba-releases-paycheck-protection-program-loan-forgiveness-application-a-deep-dive/#4ecdd5321b2f) that delved deeper into the PPP loan and the parameters that must be met in order to be "forgiven" by a lender. The article provides a breakdown of the application and a deeper understanding of what the PPP can really be used for; good information to know for those that have already received their funds as well as for those that are just applying.

The article highlights several challenges, including

> The application confirms (with one small exception) that only those expenses paid within the 8-week period after receiving the loan are eligible for forgiveness. Many borrowers, however, are already half-way through that 8-week period, meaning even if this most recent guidance were complete – and it is far from it – it would still be entirely too late.

 

[Click here to download the PPP application. ](https://blog.employerflexible.com/hubfs/SBA%20Form%203508%20PPP%20Forgiveness%20Application-1.pdf)

 Topics: [Small Business](https://blog.employerflexible.com/tag/small-business)

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