It is available for all borrowers with PPP loans up to $150,000 and takes the place of the Forgiveness Form 3508S.
Please visit the SBA PPP Direct Forgiveness Portal at https://directforgiveness.sba.gov. You will need to register and create a user name and password to start entering your Forgiveness Application.
The process is very straightforward, and for most borrowers, should take no more than 10 minutes. For any questions you may have, you can call the SBA’s customer service line at (877) 552-2692. They have reported hold times during normal business hours have been less than a minute.