Good recordkeeping and bookkeeping will be critical for getting your loan forgiven—you’ll need to keep track of eligible expenses and their accompanying documentation over the 24 weeks. Your lender will likely require these documents in digital format.
Applications for loan forgiveness will be processed by your lender. We will prepare, calculate, and document your PPP Forgiveness Application form and submit it to your lender.
If you had a PPP loan prior to the Paycheck Protection Program Flexibility Act being signed, you can choose to use the original 8-week period instead of the 24-week period.
After you submit your application for forgiveness, your lender is required by law to provide you with a response within 60 days.