The Small Business Administration (SBA) is requesting public feedback on its forms used in the Paycheck Protection Program (PPP), particularly Forms 3509 and 3510, which gather information to assess borrowers' declarations of necessity for PPP loans. Comments will assist the SBA in refining these forms and ensuring they are effective and not overly burdensome. Feedback is also sought on the overall necessity, utility, and potential improvements to the information collected. Public comments should be submitted by March 5, 2021, via the provided email address.
Simple Explanation
The Small Business Administration (SBA) wants to know what people think about some forms they use to decide if businesses really need help from a special loan program called the Paycheck Protection Program (PPP). They're asking for ideas on how to make these forms better and easier to fill out.