The EZ application requires fewer calculations and less documentation for eligible borrowers. The new EZ version of the forgiveness application that applies to borrowers that:

• Are a sole proprietor, self employed, independent contractor, have no additional employees, other than yourself; OR
• Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
• Experienced reductions in business activity as a result of health directives or guidance related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25%.