The SBA has issued forms and instructions for PPP loan forgiveness.
To apply for PPP loan forgiveness, please click here for guidance provided by the SBA to assist you with gathering your paperwork for the loan forgiveness process. They have three different form options so please review the instructions before choosing one.
Investar is committed to helping small businesses navigate the COVID-19 loan relief options.
As part of the Coronavirus Aid Relief and Economic Security (CARES) Act recently signed into law, Investar offered the SBA's Paycheck Protection Plan (PPP) loan program. This Program was open to small businesses with less than 500 employees across the United States that have been impacted by the COVID-19 outbreak. The PPP was mainly to keep employees on the payroll and cover other operating expenses such as rent, mortgages and utilities.
What you need to know
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing loans toward job retention and certain other expenses.
Learn the latest by reviewing the U.S. Department of the Treasury website, click here.