Get Sba 3508ez 2021-2025

Filling out the SBA 3508EZ form is crucial for obtaining loan forgiveness through the Paycheck Protection Program. This guide provides a detailed, step-by-step process to assist users in completing the form efficiently and accurately.

Follow the steps to successfully complete your SBA 3508EZ application.

1. Click ‘Get Form’ button to access the SBA 3508EZ form and open it for completion.
2. Enter the business legal name, address, and any applicable DBA or tradename. Make sure to also input your NAICS code and Business TIN (EIN or SSN).
3. Provide the primary contact information, including their phone number and email address.
4. Indicate whether you are applying for a First Draw PPP Loan or Second Draw PPP Loan by checking the appropriate box.
5. Fill in the SBA PPP Loan Number and the Lender PPP Loan Number as provided upon loan approval.
6. State the amount of the PPP loan and the date on which the funds were disbursed.
7. Record the number of employees at the time of both the loan application and the forgiveness application.
8. Define the covered period by entering the start date (same as loan disbursement date) and the end date (choose between 8 and 24 weeks following disbursement).
9. Calculate the forgiveness amount by adding appropriate costs from the components, detailing payroll and nonpayroll costs.
10. Enter the calculated totals for each line and determine the smallest amount for final forgiveness calculation.
11. Certify the information by having an authorized representative sign and date the form, ensuring all requirements of the PPP are acknowledged.
12. After verifying the form's accuracy, save changes, download or print the completed document, and prepare it for submission.

Complete your SBA 3508EZ application online today to secure the loan forgiveness you need.