SBA Clarifies Loan Forgiveness Limits for Owner Compensation; Releases New EZ Loan Forgiveness Application

The Small Business Administration an interim final rule that clarifies the amount of compensation that self-employed individuals are eligible to have forgiven. The SBA also revised its Paycheck Protection Program loan forgiveness application and issued a new EZ loan forgiveness application in an effort to streamline the loan forgiveness process. Changes Made to SBA Interim […]