Posts Tagged ‘Loan Forgiveness’
PPP Loan Forgiveness Update – September
The time is fast approaching where most businesses will need to finalize their 24 week period where they are tracking their covered PPP loan expenses. After this period ends, you will need to complete the PPP Loan Forgiveness Application, either the EZ version or the long version depending on your situation. Banks will allow you…
Read MorePPP Loan Forgiveness Update
The new SBA Paycheck Protection Program (PPP) Loan Forgiveness Worksheet is out. Along with the 4 page application are detailed instructions on how to calculate forgiveness and submit your request to your bank when the 8 week period is over. We recently sent out a spreadsheet to help our clients project and then track their…
Read MoreHow To Ensure Your PPP Loan is Forgiven
Many small businesses are now receiving their Paycheck Protection Program (PPP) loan funds, so probably a good time to discuss how businesses achieve the best part of these loans, the forgiveness part. Forgiveness of the loan proceeds is possible only if you use the funds according to the SBA rules. Free money is seldom without…
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