PPP

SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less Click here for details → https://www.globenewswire.com/news-release/2020/10/09/2106009/0/en/SBA-and-Treasury-Announce-Simpler-PPP-Forgiveness-for-Loans-of-50-000-or-Less.html

New PPP forgiveness FAQs released On August 4, The SBA has released a new set of frequently asked questions addressing PPP loan forgiveness. These FAQs address some, but certainly not all, of the questions we have been asking. The FAQs clarify the following issues: A borrower has 10 months from…

PPP loan application extended deadline is August 8 For those of you who are interested, the last day to submit PPP loan application is August 8.  If conditions are met, the loan can be forgiven.  Please feel free to contact me if you have any questions on applying the loan.

Self-employed and considering a PPP loan? There’s good news for you Click here for details → https://www.marketwatch.com/story/self-employed-and-considering-a-ppp-loan-theres-good-news-for-you-2020-06-19

The federal government extended the PPP–Here’s what new applicants need to know Click here for details → https://www.businessinsider.com/paycheck-protection-program-extended-what-owners-need-to-know-2020-7

House passes small business loan Paycheck Protection Program extension by unanimous consent Click here for details → https://www.cnn.com/2020/07/01/politics/ppp-loan-extension-passes-house/index.html

Senate approves 5-week PPP extension The U.S. Senate passed by unanimous consent a five-week extension of the Paycheck Protection Program (PPP) on Tuesday night just a few hours before the application window on the program was scheduled to close. The plan approved by the Senate on Tuesday night would extend…

New PPP loan forgiveness applications released Click here for details (from AICPA) → https://www.journalofaccountancy.com/news/2020/jun/ppp-loan-forgiveness-applications.html?utm_source=mnl:cpald&utm_medium=email&utm_campaign=18Jun2020 

New PPP loan forgiveness guidelines and applications released on 6/17/2020 A revised PPP loan forgiveness application and guidelines, and a new “EZ” loan forgiveness application, have been released to incorporate the changes made by the Paycheck Protection Program Flexibility Act and provide additional guidance. The application and revised interim rules…

New PPP Law Changes Since June 5 – The Wild Ride Continues! Click here for details → https://www.forbes.com/sites/alangassman/2020/06/14/new-ppp-law-changes-since-june-5—the-wild-ride-continues/#4674d8d846fb