1. PPP Loan Forgiveness Help Center
  2. Forgiveness Process Questions

Why does the date my loan forgiveness was applied appear earlier than the date I’m receiving this notification?

You may notice that the date your loan was forgiven by the SBA is earlier than the date on which you’re receiving this notification. This happens because after the SBA sends forgiven funds to Scratch, it can take some time for that payment to be applied to your account’s loan forgiveness. This difference in date does not affect your loan forgiveness, interest accrual, or deferment period date. All funds are backdated to the date we received them from the SBA, so your loan has not accrued any additional interest on the forgiven amount.