Here for Support

We’re here to support you and your business. Once you have received your Paycheck Protection Program loan proceeds it is important to prepare for loan forgiveness from the SBA. We are here as a resource to help guide you every step of the way. Based on the SBA requirements* we have outlined what you need to know for loan forgiveness. We have also developed tools to help empower you throughout this process. You can also download the SBA’s PPP Loan Forgiveness Fact Sheet for guidance on how to begin the forgiveness application process.
We are also here for your employees who may be under financial stress resulting from the pandemic. Credit Human offers simple tools that help them plan, save, spend and borrow responsibly. We engage them in sensible conversations designed to help improve their financial health. Talk to us about how we can work to support your employees in freeing themselves of financial stress.

At this time, we are no longer accepting new PPP loan applications in order to focus our efforts on supporting members through the loan forgiveness application process.

Loans Forgiveness Requirements

There are requirements you will have to keep in mind while managing your loan proceeds during the covered period in order to be eligible for loan forgiveness.

  • Use at least 60% of loan proceeds for payroll costs
  • Use up to 40% of loan proceeds for non-payroll costs such as non-mortgage interest payments, rent or utilities
  • Maintain the same average number of full-time employees
  • Maintain salaries within 25% for any employee that made less than $100k annualized in 2019
  • Restore full-time employment and salary levels for any changes made between February 15, 2020 and April 26, 2020 by December 31, 2020.
  • Document in the loan forgiveness application any Economic Injury Disaster Loans (EIDL)
If proceeds are not used as listed above, a reduction in the forgiveness will be required. Note, the above requirements are a brief outline, for a more in depth explanation of loan forgiveness please review the Paycheck Protection Program Loan Forgiveness Guidelines.

SBA PPP Loan Forgiveness Application

We will reach out via telephone and email with information to help you determine: a) your covered period (if you received your loan before June 5, 2020) and b) whether you should use the standard, 3508EZ or 3508S forgiveness application. Once we hear from you, we will send you an email with a partially pre-filled forgiveness application (standard, 3508EZ or 3508S) containing some information for your business. You can submit the forgiveness application anytime once you’ve depleted the PPP loan funds. To help expedite the loan forgiveness process, we recommend you use the partially pre-filled version we send you to complete your forgiveness application, and email it to us along with the requested supporting documents at

Resources and Tools

Loan Forgiveness Guidelines

This guide provides an overview of the Paycheck Protection Program and helps you prepare for loan forgiveness. It will define the difference between Covered and Alternative Covered periods, requirements for loan forgiveness, acceptable payroll and non-payroll costs, and all documentation required for loan forgiveness. View Guidelines

Expense Tracking Tool

This tool will enable you to track payroll costs, other allowable costs and employee retention by week for up to 24 weeks after the disbursement of PPP loan proceeds.

Download in MS Excel
Open in Google Sheets

*Requirements as of 06/22/2020 and updated 10/2020. SBA Paycheck Protection Program rules are subject to change and may impact the loan forgiveness guidelines provided to borrowers. For the most current PPP loan forgiveness information, please visit

PPP Loan Forgiveness Guidelines

Provides an in-depth explanation of the PPP Loan Forgiveness Guidelines.

View Guidelines

Expense Tracking Tool

Enables you to track payroll costs, other allowable costs and employee retention by week.