What are the specific steps (verification process) to obtain loan forgiveness (conversion to a grant) on the PPP?

The PPP is forgivable if you spend 75% of your loan on payroll to the extend that you match your full time head count and dollar amount of your monthly average of 2019 and up to 25% on business mortgage interest, leases, and utilities. The actual “process” for doing this hasn’t not yet been revealed but you will reapply through your banking institution.