Welcome to PPPForgivenessTool.com for Accountants – where CPAs assisting Paycheck Protection Program borrowers can complete a loan forgiveness application with less paperwork.
PPPForgivenessTool.com is provided by Biz2Credit, the AICPA and CPA.com to help PPP loan applicants complete their forgiveness application in a few easy steps.
The tool is open to all accountants, including AICPA member firms, to make applying for PPP loan forgiveness easier. PPPForgivenessTool.com will produce a fully-filled SBA form 3508 or 3508 EZ along with all source documents once the application is ready for submission to the lender.
Note: The Treasury and SBA modify loan forgiveness guidelines from time to time. When new guidance is released, PPPForgivenessTool.com will be updated to incorporate any new rules. Borrowers can still start a forgiveness application while final guidance and FAQs are being prepared by the government. However, borrowers and accountants should wait for final guidance regarding any outstanding questions before generating the final signed SBA form 3508. Visit CPA.com to learn more.
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Disclaimer: PPPForgivenessTool.com is a free site run by Biz2Credit Inc. Biz2Credit is not associated with the U.S. Small Business Administration (SBA). You understand that this website cannot guarantee the accuracy of any calculations and analysis, and that you are solely responsible to review all calculations in accordance with the SBA’s specific instructions and guidelines.