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.Existing borrowers may be eligible for PPP loan forgiveness. After registration, you may use this streamlined process to automatically submit your forgiveness request to your lender. Our Online PPP Forgiveness Portal will open on April 1, 2021 to accept Forgiveness Applications for Round One PPP Loans. PPP loan forgiveness. Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. Find out how to apply for a small business disaster loan if your business suffered damage and is in a presidentially declared disaster area. COVID19 EIDL is not forgivable. View loan balance and make payments.