A Complete Guide to PPP Loan Forgiveness for the Self-Employed

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Sandy Szabo

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Digital Surgeon
12 Questions answered
Answered on August 15th, 2020

I wasn't able to get a PPP loan, but I did get an EIDL loan directly from the SBA. Is the forgiveness process the same as the PPP loan?

3 Replies

I have the same question . Is there some info or Individual that can advise on this ? Robert Goodman xxx-xxx-xxxx Sandy , please feel free to call me when/if you get a response to your question . I am in the same situation . Be safe , Thank you Robert
Aug 16th, 2020
Currently, EIDL Loans are NOT forgivable. Refer to your loan agreement for details.
Sep 23rd, 2020
I just found this information. I think investopedia.com is pretty accurate but close only counts in horseshoes and hand grenades. I will keep looking for confirmation from other organizations. https://www.investopedia.com/how-to-get-your-co...
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