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How to Apply for Forgiveness for a PPP Loan
On Friday, May 15, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) loan forgiveness application and instructions. The form and instructions inform borrowers how to apply for forgiveness for a PPP loan, consistent with the...
What’s in the Latest Coronavirus Relief Package for Businesses?
House of Representatives Approves $484 Billion Coronavirus Relief Package On Thursday, April 23, 2020, the U.S. House of Representatives voted on and passed the latest coronavirus relief package, which includes funding for small businesses, hospitals and coronavirus...
How to Calculate Forgiveness for the Paycheck Protection Program Loan
The Paycheck Protection Program (PPP) is part of the CARES Act that was signed into law on March 27 and includes $367 billion in federally guaranteed loans for small businesses. The loans are retroactive to February 15 and apply through June 30, which is about 10...
