The U.S. Small Business Administration (SBA) is asking for public comments on a form related to the Paycheck Protection Program (PPP). Even though the PPP has ended, the SBA still needs to collect certain information because borrowers can ask for loan forgiveness, and there might be reviews or legal issues in the future. The notice is part of the process to extend the use of the form until March 31, 2025. The SBA invites the public to share ideas on improving the form and minimizing the burden on respondents.
Simple Explanation
The Small Business Administration wants people to check if a form they use is still good, even though the program it was for is over, because some businesses might still need to ask for help or answer questions. They need ideas on how to make this form better and easier for people to fill out.