Tag: PPP loan

PPP Update – new law expands forgiveness!

Earlier today, in a rare show of bipartisan efforts, the President signed into law the Paycheck Protection Flexibility Act. This is BIG news for anyone who has received a PPP loan or still intends to apply for one. This new law wants to relax some of the previous requirements to qualify for forgiveness of the...

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Track that Forgiveness!

Hopefully, many of you have now received PPP loan monies or been recently approved. Congratulations! The next step in the process once you receive your funds is to make sure that you are tracking the use of funds appropriately, and of course, using the funds as intended. One major component is that the SBA requires...

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Forgive it, PLEASE!

By now, you have all heard about the Paycheck Protection Program, designed to help small businesses hang on through the COVID-19 economic crisis. At this point, you likely fall into one of three categories in regards to this program: You applied and received a PPP loan. You applied for a PPP loan, but they ran...

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