Bank of America is introducing a simple way to apply for Paycheck Protection Program, or “PPP,” loan forgiveness. Starting on February 16th 2021, if your business took out a PPP loan of one-hundred-and-fifty-thousand dollars or less last year, you can apply for your PPP loan is $150,000 or less, you will apply for loan forgiveness online through Bank of America using the simplified SBA Form 3508S. If your PPP loan is more than $150,000, you will apply for loan forgiveness online through Bank of America using one of the following forms:Explore our small business financing options and find out how to use small business loans and credit to finance your business needs. Get more information about funding your business with a term loan, SBA loan, secured and unsecured lines of credit and more from Bank of your small business banking and help your company grow with Bank of America Business Advantage. Open a business bank account, find credit cards, apply for a loan, discover cash management tools and get valuable small business banking of America Small Business Loans - What You Need To CARES Act & Paycheck Protection Program - SBA Loan InformationPaycheck Protection Program (PPP) FAQs | Bank of AmericaBank of America Small Business Loans - What You Need To

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