Thank goodness, there is a new “EZ” short form for borrowers who meet certain criteria. See instructions and form below.
There is also a revised standard application and instructions below.
Importantly pages 8-10 of this new rule (below) provide that you can pay employees the full 100K pro rated amount for the 24 weeks ($46,154) but owners are limited to 2.5 months ($20,833).
More to come all this soon.