NEW: SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

Massachusetts District Office - May 2020

u s small business administration

Paycheck Protection Program Loan Forgiveness Application

PPP Image

The Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application.

The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).  SBA will also soon issue regulations and guidance to further assist borrowers as they complete their applications, and to provide lenders with guidance on their responsibilities.

The form and instructions include several measures to reduce compliance burdens and simplify the process for borrowers, including:

  • Options for borrowers to calculate payroll costs using an “alternative payroll covered period” that aligns with borrowers’ regular payroll cycles
  • Flexibility to include eligible payroll and non-payroll expenses paid or incurred during the eight-week period after receiving their PPP loan
  • Step-by-step instructions on how to perform the calculations required by the CARES Act to confirm eligibility for loan forgiveness
  • Borrower-friendly implementation of statutory exemptions from loan forgiveness reduction based on rehiring by June 30
  • Addition of a new exemption from the loan forgiveness reduction for borrowers who have made a good-faith, written offer to rehire workers that was declined

The PPP was created by the CARES Act to provide forgivable loans to eligible small businesses to keep American workers on the payroll during the COVID-19 pandemic.  The documents released today will help small businesses seek forgiveness at the conclusion of the eight week covered period, which begins with the disbursement of their loans.

Click here to view the application and instructions.


Paycheck Protection Program Loan Forgiveness Application at a Glance

To apply for forgiveness of your Paycheck Protection Program (PPP) loan, you (the Borrower) must complete this application as directed in these instructions, and submit it to your Lender (or the Lender that is servicing your loan). Borrowers may also complete this application electronically through their Lender.

This application has the following components: (1) the PPP Loan Forgiveness Calculation Form; (2) PPP Schedule A; (3) the PPP Schedule A Worksheet; and (4) the (optional) PPP Borrower Demographic Information Form.

All Borrowers must submit (1) and (2) to their Lender.

(1) the PPP Loan Forgiveness Calculation Form


(2) PPP Schedule A

PPP Schedule A

(3) the PPP Schedule A Worksheet

PPP Schedule A Worksheet

(4) the (optional) PPP Borrower Demographic Information Form


UPCOMING Virtual Events

Monday  5/18/20 at 4:30pm - 6:30am
Primeros Pasos Para Emprender Un Negocio Propio (First Steps to Start Your Business in Spanish)

Monday  5/18/20 at 9am - 10:30am
S.M.A.R.T. Reopening and Recovery

Tuesday  5/19/20 at 1pm - 2:30pm
Business Plan Basics

Tuesday  5/19/20 at 10am - 11:30am
So, You Want to Become a Consultant

Wednesday  5/20/20 at 9:00 - 10:00 a.m. OR 10:30 - 11:30 a.m.
Credit Counseling

Wednesday  5/20/20 at 10am - 11:30am
Multiply Your Small Business Success with Public Speaking even online

Thursday  5/21/20 at 9am - 10:30am
Government Contracting 8a Business Development

Thursday  5/21/20 at 1pm - 3pm
Protect Your Business with Copyright & Trademark

Wednesday  5/27/20 at 5pm - 6pm
Women's Networking Event

Wednesday  5/27/20 at 11am - 12:00pm
How to Live & Work Well As Entrepreneurs with Crisis & Uncertainty

Welcome NEW 8(a) Business Development Firms

The federal government's goal is to award at least five percent of all federal contracting dollars to small disadvantaged businesses each year. To help provide a level playing field for small businesses owned by socially and economically disadvantaged people or entities, the government limits competition for certain contracts to businesses that participate in the 8(a) Business Development program.  >Learn more

Meet the newly certified SBA 8(a) firms in Massachusetts:

  • GenOne is a product development firm that helps clients create new technologies based in Cambridge. They've worked on everything from medical devices to toys using their skills in electronics and app development. 
  • Elegant Stitches Inc. is a custom screen printing and embroidery company that creates custom apparel and branded products based in Pittsfield. 
  • Icarus Constructions Services LLC specializes in the public sector with over 15 years of experience based in Worcester
  • Caso Global Corporation is a project systems and logistics management firm specializing in technology and engineering services based in Middleton.
  • Transcend Maintenance Services Inc. is a commercial cleaning company based in Burlington.  

If you are interested in learning if your business is eligible for the 8(a) certification program, please join one of our monthly webinars on program basics.   

Next webinar is Thursday, May 21st at 9am - 10:30am

REGISTER HERE: Government Contracting 8a Business Development


EIDL Updates

The SBA Office of Disaster Assistance has started issuing Q & A's, related to EIDL loans.  Please see below for latest... 

1.My Economic Injury Disaster Loan (EIDL) was approved but the amount was lower than I was expecting, why is it lower?

We had to make a difficult decision to limit loan amounts to ensure the program reaches as many small businesses as possible. SBA may be able to further assist you with funding through our Paycheck Protection Program (PPP), which provides up to 8 weeks of forgivable loan funds to cover payroll, as well as mortgage interest, rent and utility costs. We encourage you to visit to obtain more information about PPP loans.

2. I read that the EIDL program provides up to $2 million per loan. Will it be possible to increase my loan amount?

Historically, the maximum amount of EIDL assistance is 2 million dollars. During these unprecedented times and given our current funding levels we do not expect to increase loan amounts for the EIDL program.

EIDL Application #s with "200" / Still Only Open to Agricultural Businesses

Currently EIDL portal is still only open to agricultural businesses. 

Any applicants who did not apply in the new portal with an application number starting with a "2" are being asked to reapply NOW in the new portal currently live for agricultural businesses only in order to update their application and to obtain an application number that starts with a “3”.    SBA advises that doing so will not adversely impact the original application and its queue.   

If you are one of these businesses with an EIDL # startin with "200" please email us at: and we can try and help. 

Paycheck Protection Program Update

Summary of Paycheck Protection Program Round 2 data as of 5:00 p.m. EDT, Saturday, May 16, 2020.

Lender Size

Approved Loans

Approved Dollars

>$50B in Assets



$10B to $50B in Assets



<$10B in Assets









# of Participating Lenders


Avg Loan Size: $70,622


In Round Two of the Paycheck Protection Program (April 27 - May 8, 2020), the SBA has guaranteed 2,571,167 loans. For more information on Round Two loan activity, click here.

PPP Frequently Asked Questions

Got your PPP funds now or waiting to receive and unsure of how to use it?  Consult with any of our resource partners by booking a virtual session today.  Visit and regularly to stay up-to-date on the latest guidance being released.  PPP Guidance Page

For example, the Frequently Asked Questions document continues to regularly update, check out the latest answers...

Question #44: How do SBA’s affiliation rules at 13 C.F.R. 121.301(f) apply with regard to counting the employees of foreign and U.S. affiliates?

Answer: For purposes of the PPP’s 500 or fewer employee size standard, an applicant must count all of its employees and the employees of its U.S and foreign affiliates, absent a waiver of or an exception to the affiliation rules. 13 C.F.R. 121.301(f)(6). Business concerns seeking to qualify as a “small business concern” under section 3 of the Small Business Act (15 U.S.C. 632) on the basis of the employee-based size standard must do the same.

Question #39: Will SBA review individual PPP loan files?

Answer: Yes. In FAQ #31, SBA reminded all borrowers of an important certification required to obtain a PPP loan. To further ensure PPP loans are limited to eligible borrowers in need, the SBA has decided, in consultation with the Department of the Treasury, that it will review all loans in excess of $2 million, in addition to other loans as appropriate, following the lender’s submission of the borrower’s loan forgiveness application. Additional guidance implementing this procedure will be forthcoming.

The outcome of SBA’s review of loan files will not affect SBA’s guarantee of any loan for which the lender complied with the lender obligations set forth in paragraphs III.3.b(i)-(iii) of the Paycheck Protection Program Rule (April 2, 2020) and further explained in FAQ #1.

Start thinking about how to reopen your small business. Given the circumstances of COVID-19 reopening takes planning. Check out SCORE’s Reopening Toolkit.

Reopening Toolkit


Please do not send the District Office any application packages, as our office is currently working virtually and we cannot guarantee staff will get to mail sent to our office.  

Please direct all other inquiries and questions to our District Office email at:

FREE and confidential counseling services are available across the Commonwealth. 


Virtual education, training and networking sessions are happening daily.


Please schedule a virtual session with any of our Resource Partners below...


Job Opportunities

NOW HIRING: The U.S. Small Business Administration is hiring temporary employees to assist with #COVID19 and disaster relief efforts. Bilingual language skills are a plus. Remote jobs are available nationwide. Jobs include call center customer service representative, document preparation/legal review/loan closing, and loan processing/credit analysis/mortgage underwriting. 

Learn more and apply:

Center for Women & Enterprise Now Hiring

Project Manager – Central MA - COVID Recovery

This position is: – Full time for one year, with possibility to extend for one additional year

The Center for Women & Enterprise (CWE) is a nationally recognized economic development organization that supports women and veterans with small business development. We offer a dynamic, fast-paced, and intellectually stimulating environment. We provide opportunities for veterans, women entrepreneurs and women in business to increase professional success, personal growth, and financial independence. With offices in Rhode Island, Massachusetts, Vermont and New Hampshire, CWE delivers business development programs and certifies women owned businesses.

Join the SBA team: Employment opportunities to support SBA's COVID-19 pandemic response

Resource Partner Network



Staff are working remotely and can be reached via email or telephone. MSBDC is committed to supporting entrepreneurs during these very challenging times.

Request for Counseling

MSBDC advisors can assist businesses with disaster loan applications.

If you are not currently a client and would like to speak with a counselor, please find your region and reach out to the REGIONAL OFFICE SERVING YOU.

Berkshire Regional Office
33 Dunham Mall, Suite 103
Pittsfield, MA 01201
413-499-0933 | Fax: 413-499-3005

Central Regional Office
Clark University
The Carriage House, 125 Woodland Street
Worcester, MA 01610
508-793-7615 | Fax: 508-793-8890

Northeast Regional Office  (SPANISH-SPEAKING COUNSELOR)
Salem State University
121 Loring Avenue, Suite 310
Salem, MA 01970
978-542-6343 | Fax: 978-542-6345

Procurement Technical Assistance Center
Scibelli Enterprise Center
1 Federal Street, Building 1
Springfield, MA 01105
413-545-6303 | Fax: 413-737-2312

Southeast Regional Office
200 Pocasset Street
Fall River, MA 02721
508-673-9783 | Fax: 508-674-1929

Western Regional Office
Scibelli Enterprise Center
One Federal Street, Building 101
Springfield, MA 01105-1160
413-577-1768 | Fax: 413-737-2312



Request for Counseling

Counseling Sessions with BOSTON SCORE CHAPTER:
If you want to speak with a counselor, SCORE is doing tele-consults. Just pick a date and time to schedule a session and enter your contact info, mentors are doing sessions by phone and Zoom video app. 

Reach out to other SCORE CHAPTERS throughout the state below.

SCORE Boston Chapter

SCORE Worcester Chapter

SCORE Northeastern Massachusetts Chapter

SCORE Southeastern Massachusetts Chapter

SCORE Western Massachusetts Chapter

SCORE Cape Cod Chapter

SCORE Rhode Island (Serving Fall River, New Bedford)


CWEWomen's Business Centers


Eastern Massachusetts Center - Boston
44 School St., Suite 200
Boston, MA 02108

Central Massachusetts Center - Westborough
69 Milk St., Ste. 217
Westborough, MA 01581

Veterans Business Outreach Center of New England (VBOC of NE)
132 George M. Cohan Blvd.
Providence, RI 02903

Disclaimer: The SBA does not endorse the organizations sponsoring linked websites, and does not endorse the views they express or the products/services they offer.  All programs and services are extended to the public on a nondiscriminatory basis.