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When can I apply for PPP loan forgiveness?
  • MoFi will open the PPP loan forgiveness process in September 2021. Because we have a large volume of PPP clients, we’ll be opening the forgiveness process in rounds, based on the date you received your loan funds.
  • We’ll email you when it’s your turn to apply for forgiveness. We cannot process your application if it’s not yet your turn to apply. Please wait for us to contact you.
  • Please Note: You have 6 months (24 weeks) from the date you received your loan to use 100% of the funds. You have 16 months from the date you received your loan to apply for PPP forgiveness. There is plenty of time to complete this process, and we’re here to help with every step!