Please highlight your bank statements to show payroll costs, rent, utility, or mortgage interest payments that you wish to include for forgiveness. 3. Paycheck Protection Program.Get information about the SBA loan program that helped businesses keep their workforce employed during the COVID-19 crisis. Learn about the CARES Act's COVID-19 loan relief options, including PPP, loan forgiveness, eligibility, and how to apply. The new simple PPP loan forgiveness application should let most PPP borrowers easily apply for forgiveness. And let them do so now. Step One: Access the application in the link below. Fill out the required information. An entity would recognize a liability for the full amount of PPP proceeds received and accrue interest over the term of the loan. Instructions for Borrowers.