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Paycheck Protection Program
3508S: The Newest PPP Form

October 20, 2020

Good News for Small Businesses

The Treasury recently released a new Forgiveness Application for the Paycheck Protection Program, curated for borrowers who received a loan amount of $50,000 or less. Form 3508S simplifies the forgiveness application process for these borrowers with lower loan amounts.

Please Note: Borrowers that, together with their affiliates, received PPP loans totaling $2 million or more cannot use Form 3508S.

Borrowers that do not qualify for Form 3508S can utilize Forms 3508 or 3508EZ. To read more about these options, click here.

3508S Application
3508S Application Instructions