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Great news especially for the small local businesses, sole proprietors, and self-employed who received PPP funds. You’re probably aware that the SBA relaxed the use of funds going towards payroll from 75% to 60%, and that the timeframe to use the money increased from 8 weeks to 24 weeks, but you may not have seen the abbreviated “EZ” Form 3508. More information and a link to the shorter form can be found here:

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