---
title: SBA Releases EZ PPP Loan Application
description: The SBA released a three-page EZ Paycheck Protection Program application requiring less documentation and fewer calculations than previously required.
---

[Employer Flexible News & Events - HR Solutions for Small Businesses ](https://blog.employerflexible.com)

# [SBA Releases EZ PPP Loan Application](https://blog.employerflexible.com/sba-releases-ez-ppp-loan-application)

 Written by [Employer Flexible](https://blog.employerflexible.com/author/employer-flexible) | June 18, 2020

The Small Business Administration released a three-page ["EZ" Paycheck Protection Program](https://blog.employerflexible.com/hubfs/PPP%20Forgiveness%20Application%203508EZ%20(%20Revised%2006.16.2020).pdf) loan forgiveness application requiring less documentation and fewer calculations than previously required. The form applies to borrowers who meet any one of these three criteria:

- Applied for the PPP loan as self-employed, an independent contractor or a sole proprietor with no employees.
- Did not reduce salary or wages for any employee by more than 25%, and did not reduce the number or hours of their employees (excepting laid-off employees who refused an offer to return).
- Did not reduce salary or wages for any employee by more than 25% during the covered period and experienced reductions in business activity as a result of health directives related to COVID-19. 

Both applications give borrowers the option of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week covered period. These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan.

The streamlined forgiveness form is expected to smooth the forgiveness application process for a substantial portion of PPP borrowers. SBA also updated the regular forgiveness form to reflect recent changes made by Congress in the PPP Flexibility Act and issued a new interim final rule that implements changes made by the PPPFA.

[Download the PPP Loan Forgiveness EZ Application instructions here. ](https://blog.employerflexible.com/hubfs/PPP%20Loan%20Forgiveness%20EZ%20Application%20Instructions.pdf)

[View full post](https://blog.employerflexible.com/sba-releases-ez-ppp-loan-application)

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