Oct 14, 2020 | GTM Business Blog
The Small Business Administration (SBA) and the U.S. Department of Treasury (Treasury) recently released a simpler Paycheck Protection Program (PPP) Loan Forgiveness Application Form 3508S and instructions. This updated, simpler PPP loan forgiveness two-page...
Jul 6, 2020 | GTM Business Blog
Congress has passed legislation to extend the application deadline for small business loans, which President Trump has signed. The Paycheck Protection Program (PPP) loan application deadline has been extended through Aug. 8, 2020. Prior to the extension, the deadline...
Jun 22, 2020 | GTM Business Blog
The Small Business Administration (SBA) and Department of Treasury recently released a streamlined loan forgiveness application called the EZ Forgiveness Application. This newly released three-page EZ application is significantly shorter than the traditional loan...
Jun 4, 2020 | GTM Business Blog
On Wednesday, June 3, the U.S. Senate passed the Paycheck Protection Flexibility Act (PPFA), which makes changes to the forgiveness aspect of the Paycheck Protection Program (PPP). These PPP loan forgiveness changes include tripling the time that small businesses and...
May 19, 2020 | GTM Business Blog
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...
