More than 100 stakeholders are asking Congress to pass a new bill that would ease the process to obtain loan forgiveness of Paycheck Protection Program loans of less than $150,000. Congress established the Paycheck Protection Program in the Coronavirus Aid, Relief, and Economic Security Act to provide small businesses with economic relief in the wake of the COVID-19 pandemic. Paycheck Protection Program loans under $150,000 account for 86% of the total recipients, but less than 26% of Paycheck Protection Program loan dollars overall. If enacted, the bill would forgive PPP loans less than $150,000 upon the borrower’s completion of a “simple, one-page forgiveness document.”