The EZ form for PPP forgiveness was created to make the process of seeking forgiveness easier for small business owners. This form can be used if you're self-employed with no employees, or if you have employees but your loan amount is less than $50,000. If you have more than 500 employees or your loan amount is greater than $50,000, you'll need to use the full application for forgiveness.
To use the EZ form, simply fill out and submit it to your lender along with any required documentation. Your lender will then review your application and determine whether or not you qualify for forgiveness. If approved, they will send you a notification of forgiven debt and remit any remaining balance on your loan to the SBA.
It's important to note that even if you use the EZ form, there is still a possibility that your application for forgiveness could be denied. If this happens, you'll need to repay your loan in full plus interest and fees. Therefore, it's always best to consult with an accountant or other financial advisor before submitting your application to ensure that you have the best chance possible of having your debt forgiven.