PPP Loan Forgiveness Checklist

This checklist will walk you through every step, from what to spend your money on, to how to prove your expenses and apply for forgiveness after the PPP loan period is over.

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Getting your PPP loan forgiven boils down to two things: spending your funds on the right things, and proving your PPP expenses. Our checklist will help you do those two things.

What you’ll get:

  • A list of all the expenses that are eligible for forgiveness
  • Six steps to follow to accurately track your expenses before applying for forgiveness
  • An entity-specific breakdown of what will be forgiven, the necessary supporting documents, and the requirements for forgiveness

Note: this checklist is based on our best understanding of SBA guidance, but does not constitute official legal, accounting, or tax advice. Each person should consult their accountant or attorney when making financial or legal decisions.

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