PPP loan forgiveness application released and Provider Relief Fund deadline approaching.
The Small Business Administration released the Paycheck Protection Program (PPP) loan forgiveness application and detailed instructions for the application. The form and instructions provide guidance to borrowers on how to apply for forgiveness of their PPP loans. Access the application here.
Act by June 3 to receive additional payment from the Provider Relief Fund
Providers have until June 3 to accept the terms and conditions and submit their revenue information to support receiving an additional payment from the Provider Relief Fund. All providers who automatically received an additional General Distribution payment prior to April 24 must provide HHS with an accounting of their annual revenues by submitting tax forms or financial statements via the general distribution portal. These providers must also agree to the program terms and conditions via the attestation portal if they wish to keep the funds.
- Attestation portal: Confirm receipt of funds and agree to terms and conditions within 45 days of payment.
- General distribution portal: Submit revenue information by June 3.