All borrowers, regardless of loan size, can use SBA's direct forgiveness portal. Applying for forgiveness using the portal can take as little as 15 minutes.Identify the borrower. Who qualifies for an Economic Injury Disaster Loan? The SBA may forgive certain business loans for self-employed individuals, including PPP loans, but there are many factors at play. The list of expenses eligible for loan forgiveness has been expanded to include owner compensation replacement and proprietor expenses. The new simple PPP loan forgiveness application should let most PPP borrowers easily apply for forgiveness. And let them do so now. How much of my loan will be forgiven? Which loan forgiveness application should sole proprietors, independent contractors, or self-employed individuals with no employees complete?