Another day, another change. On June 16, 2020, the SBA released a revised PPP Loan Forgiveness Application which replaces the one released on May 15, 2020. The new version integrates PPP changes made in H.R. 7010 (Paycheck Protection Flexibility Act) which was made law on June 5, 2020. This newer version, along with the release of the Revisions …
PPP Loan Parameters and Application Updated by SBA Read More »
Over the weekend, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) Loan Forgiveness Application. If you have received a PPP Loan, this document provides detailed directions on how to complete the form that you will eventually have to give your lender to be considered for full or partial forgiveness. While this form doesn’t …
PPP Forgiveness Application Released But Expect More Changes Soon Read More »
There have been A LOT of questions around the substance and execution of the Paycheck Protection Program loans. On the evening of April 6, the Treasury Department released a Q&A to try to provide some clarification on the most commonly asked questions. You can read the full document here. Below, we have pulled out, and summarized, …
Yesterday, we posted details on the relief available to businesses impacted by COVID-19 and how to know if you are qualified to apply for it. Today, we have new information and links to sample applications that we can share as well. Starting April 3, small businesses and sole proprietorships can apply for and receive Paycheck Protection Program …
Business Loan Application Released by Department of Treasury Read More »