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.A business may qualify for both an EIDL and a physical disaster loan. Existing borrowers may be eligible for PPP loan forgiveness. Self-Submittal: Applications and supporting documentation uploaded to. Paycheck Protection Program. PPP Loan Forgiveness Application Form 3508EZ. These loans come directly from SBA, not a local bank. Create an account in the MySBA Loan Portal (lending.sba. Gov) to monitor your loan status or to make payments.