Automatically Forgive PPP Loans Under $150K

This is critical for restaurant brokerage and business brokerage industry.

This act will greatly reduce the cost and burden to small business owners, particularly those in the midst of transitioning ownership as they adjust to new economic realities.

As a small business working through these times, we can't afford to be burdened by additional paperwork. This bill would help out greatly.

Should be Automatically Forgiven I TOTALLY Agree

We need to speed up the recovery by helping small business! No need for bureaucracy, let them run their business!

Great idea, Will also drastically reduce paper work for banks!

This is vital for small business survival.

I strongly support

now that the 8 weeks is extended the forgiveness is mostly automatic

This is critical to keep the banks from completely diverting attention away from 7a loans.

Sadly only some small businesses qualified for PPP. Sole proprietors have been left out in the cold.

Please automatically forgive PPP loans under $150,000.00. By not forgiving, forward progress in lending, business development and future taxation to the federal gov't. is crippled.

During this time of economic upheaval, it doesn't make sense that government might make it more difficult for entrepreneurs to sell small businesses.

this is a MUST!!

Small businesses need this didn't even get enough money to help this far along with this issue.

Forgiving these PPP loans will make the difference as to whether some business owners can retire or not, and whether a new entrepreneur can take over and grow the business, creating jobs and stimulating the economy.

Help businesses, bankers, attorneys, cpas and yourself.

We need this in order to continue to help business owners and buyers of businesses to complete needed transactions

This would be a big burden off of my business.

This is a common sense solution for small businesses in this environment.