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SBA Forgiveness
Lender FAQs on Direct Forgiveness

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Where can I read the rule on Direct Forgiveness and COVID Score?
Is SBA taking over the forgiveness decision responsibility from the lender?
What controls are in place to prevent a borrower from submitting forgiveness applications on the Platform and directly to the lender?
For Second Draw loans, which do I base my forgiveness decision on - the COVID Score or the revenue reduction documentation that my borrower provided?
Does a satisfactory COVID Score override other facts that I know make the borrower ineligible?
What if the PPP SBA loan number is showing as the lender loan number?
Can the Borrower enter zero employees?
Disbursement Date Discrepancy
Which borrowers may use the Direct Forgiveness process?
Is there a deadline for lenders to opt-in to the Direct Forgiveness process?

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Is there a deadline for lenders to opt-in to the Direct Forgiveness process?

July 29, 2021 16:06
Updated

No. You may opt-in at any time. You may also opt-out at any time.

SBA Relief Options

SBA Forgiveness