With the new EZ loan form, it appears self employed people do not need to track weekly payroll amounts and, instead, forgiveness is determined by owner compensation. It also seems you don't have to wait for the entire forgiveness period before applying for forgiveness.

Does this mean that I can take my PPP loan amount (net 2019 income/12 * 2.5) as one lump sum and then apply for forgiveness under the 24 week forgiveness period immediately?

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