Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 28 MAY 2020

SBA Issues PPP Loan Forgiveness Application For Borrowers

Reinhart, Boerner, Van Deuren SC
Explore more from Reinhart, Boerner, Van Deuren SC

Late on May 15, 2020, the U.S. Small Business Administration (SBA) released its PPP loan Forgiveness Application (Forgiveness Application) for borrowers (Borrowers) under the Paycheck Protection Program (PPP).

United StatesCorporate/Commercial Law
Christopher M. Hruska
Christopher M. Hruska
Collin S. Weyers
Collin S. Weyers
Author LinkedIn connections

Late on May 15, 2020, the U.S. Small Business Administration (SBA) released its PPP loan Forgiveness Application (Forgiveness Application) for borrowers (Borrowers) under the Paycheck Protection Program (PPP). While the SBA has still not yet released interim final rules and regulations relating to PPP loan forgiveness, the Forgiveness Application provides more details on several critical questions which have been plaguing Borrowers. Although the SBA has still not provided final rules and regulation relating to PPP loan forgiveness, the new PPP Forgiveness Application provides several key clarifications regarding how PPP loan forgiveness will be calculated.

Below is a summary of key clarifications and developments found in the Forgiveness Application. Reinhart's PPP team will continue to monitor for further developments and guidance on PPP loans, including PPP loan forgiveness. If you have any questions regarding the Forgiveness Application or any aspect of your

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Healthcare Trends & Transactions Q2 2026

Healthcare M&A activity maintained steady momentum through Q2 2026, driven by physician practice consolidation, AI-enabled technology acquisitions, and strategic outpatient expansion. Private equity investment persisted despite intensifying regulatory scrutiny of MSO arrangements, while digital health buyers paid significant premiums for platforms demonstrating production-grade AI capabilities and proprietary data assets.
United StatesCorporate/Commercial Law
Bass, Berry & Sims PLC
Bass, Berry & Sims PLC
Article

CLIENT ALERT: 2026 Mid-Year Update On SEC And CFTC Enforcement

The SEC and CFTC have fundamentally shifted their enforcement approach in 2026, moving away from high-volume technical violations toward targeted actions addressing serious fraud and market manipulation. This mid-year update examines new leadership priorities, enhanced inter-agency coordination, revised cooperation policies, the elimination of "no-deny" settlement provisions, and a landmark Supreme Court ruling on disgorgement that collectively reshape the regulatory landscape for market participants.
United StatesCorporate/Commercial Law
Sher Tremonte
Sher Tremonte
Article

USPTO And Federal Circuit Decisions Reveal Patent Eligibility Parameters For AI Use

As businesses rapidly adopt artificial intelligence, machine learning, and predictive analytics across their operations, many overlook critical intellectual property considerations. Recent federal court decisions reveal the nuanced distinction between simply automating existing processes with AI versus creating patentable innovations that improve how AI systems themselves operate.
United StatesIntellectual Property
Reinhart, Boerner, Van Deuren SC
Reinhart, Boerner, Van Deuren SC