The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.
The Paycheck Protection Forgiveness Platform allows lenders to submit their forgiveness decisions to the SBA. Only lenders and their authorized representatives are authorized to utilize this platform. Access to this platform is authorized by the SBA.