How do you get forgiveness on the PPP loan?
To qualify for forgiveness of your loan, businesses must apply through a lender. Your application must include:
· Documentation verifying the number of employees on payroll and pay rates, including IRS payroll tax filings and State income, payroll and unemployment insurance filings
· Documentation verifying payments on covered mortgage obligations, lease obligations, and utilities
· Certification from a representative of your business or organization that is authorized to certify that the documentation provided is true and that the amount that is being forgiven was used in accordance with the program’s guidelines for use.