If your PPP loan amount is $150,000 or less, you qualify to file for forgiveness using Form 3508S which is a one-page simplified version of Form 3508.
To apply for forgiveness on Form 3508S, borrowers need to:
Borrowers applying for forgiveness on Form 3508S are not required to submit documentation of eligible expenditures along with their forgiveness application. However, borrowers should retain such documentation in case requested by the SBA as part of a formal review.
Remember, to avoid making payments on your PPP loan you must apply for forgiveness before your deferral period end date. The deferral period end date is 10 months after the maximum Covered Period of 24 weeks.
The ultimate deadline to apply for PPP loan forgiveness is the loan maturity date.