SBA announces opening of Paycheck Protection Program Direct Forgiveness Portal
By U.S. Business AdministrationContributed The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.“The SBA’s new streamlined application portal will simplify forgiveness for millions of our smallest businesses — including…


