Resources to navigate the loan forgiveness process

The Small Business Administration (SBA) Paycheck Protection Program (PPP) allows for a borrower’s loan to be forgiven in whole, or in part.  To be considered for loan forgiveness, borrowers (businesses, sole proprietorships and not-for-profits) must complete a PPP loan forgiveness application.

The tools and resources on this site provide specific guidance on how to best navigate and prepare the information needed to complete the loan forgiveness application process yourself, or with your adviser(s).

Informational videos, checklists, FAQs and webinars have been customized by industry and business type to make the loan forgiveness application process simple and easy.

Best Practices for Preparing for PPP Loan Forgiveness

  • Step 1: Review the materials for your entity type on this site

  • Step 2: Identify the proper loan forgiveness application for you

  • Step 3: Prepare your calculations with the forgiveness calculators
  • Step 4: Gather the required supporting documentation for Simplified,* EZ or Standard or applications

    *new application for PPP loans totaling $50,000 or less
  • Step 5: Await an email from Fifth Third Bank with forgiveness application instructions

  • Step 6: Apply for PPP loan forgiveness

Fifth Third Bank, National Association and Aprio provide the following content as general guidance offered on an informational basis to assist you and your company in evaluating the SBA programs. Due to the evolving nature of the SBA programs, and the lack of final published regulations, additional changes may affect the validity or timeliness of the content. Every client situation is unique, so each of Fifth Third and Aprio recommend that you consult legal counsel to determine the best outcome for your company based on your company’s specific circumstances. Aprio does not represent any financial institution or serve as an agent for any financial institution, and Aprio is not responsible for the actions of any other third party.
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