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. Com or call us at 1.833.920.0025. The calculation for these loans is very simple: Total payroll expenses for the previous 12 months. He was shocked to see the loan was forgiven. Interest does not begin to accrue until 12 months from the date of the initial disaster loan disbursement. Approved Loans By Loan Amount (Wayne County).