Loan Forgiveness Application Letter

Applying for a loan? Make sure to write a good application letter! This document is written in a formal way, so you have to ensure that you start on the right foot. Need some help? Grab our well-formatted Free Loan Forgiveness Application Letter Template! Verbalize your need for a loan using our editable sample content. Should you want to add more context, you’re free to do so using various editing software. It can easily be downloaded not just on your PC but on your mobile devices as well! This is surely an all-inclusive template you can count on. Download this today and secure that loan you’re applying for!

LOAN FORGIVENESS APPLICATION LETTER

Dear [Mr. Holllowell], 

Good Day!

I am writing to apply for the [Paycheck Protection Program] [(PPP)] Forgiveness Loan for the purpose of continuing our company’s operation.

With the recent recession, [RPP Marketing Inc.] has since been experiencing profit losses that we may have to layoff some of our employees. We are pleased to know that the government had made initiatives to help small businesses obtain loans through a one-time cash infusion which will enable us to maintain our employee headcounts. 

We reviewed the requirements for the program thoroughly, and we are positive that our business is eligible to avail of a [PPP] loan. We are a business with fewer than [500] employees, and we are affected by the current recession that forces some small businesses to halt operation. Taking this into account, we are requesting a [PPP] loan in the amount of [$100,000.00] to keep our business afloat. Should you approve our application, we will utilize the fund for payroll costs, mortgage interest, rent, and utilities. 

We have enclosed the PPP Borrower Application Form, as well as the necessary documents for your reference. For further details regarding this matter, you may call at 513-614-9501 or email us at [email protected]. 

Sincerely,

Glenn L. St. Pierre
RPP Marketing Inc, General Manager