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News for Beekeepers: Government

SBA and Treasury Post Revised PPP Forgiveness Application

Thursday, June 18, 2020  
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The Small Business Administration, in consultation with the Treasury Department, today posted a revised Paycheck Protection Program (PPP) loan forgiveness and application implementing the PPP Flexibility Act of 2020.


It applies to borrowers who:

  • Are self-employed and have no employees; OR
  • Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
  • Experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25%.


PPP Loan Forgiveness Application Form 3508EZ

PPP Loan Forgiveness Calculation Form