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The U.S. Small Business Administration has launched a streamlined application portal to allow borrowers (including sole proprietors) with Paycheck Protection Program loans of $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.

Read more at SBA.

What you need to know

  • Borrowers must apply.
  • Lenders must opt-in.

A PPP customer service team is standing by to assist borrowers. Call (877) 552-2692, 7 a.m. – 7 p.m. Central