NAFCU Says It’s a ‘Step in the Right Direction’ for Simplified PPP Forgiveness Application

A simplified Paycheck Protection Program loan forgiveness application has been rolled out for businesses that borrowed $50,000 or less. New legislation would be required for what CUNA and NAFCU want, which is automatic loan forgiveness for loans under $150,000.

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NAFCU Says It’s a ‘Step in the Right Direction’ for Simplified PPP Forgiveness Application

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Related:

Credit Unions, Businesses Say PPP Loan Forgiveness Process is Daunting

SBA Official: Ignore Chatter, PPP Loan Forgiveness Decisions Are Simple

Financial Trade Groups on Next PPP Legislation: Keep it Simple

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