PPP

Summary of Paycheck Protection Program Flexibility Act (PPPFA) (Enacted: 6/5/2020, Reviewed by AICPA: 6/8/2020) Click here to download the PDF file: https://pag-cpa.sharefile.com/d-sc07f83621054a40b (Source: https://future.aicpa.org/resources/download/summary-of-paycheck-protection-program-flexibility-act)

PPP Breaking News: Treasury Announces Relief From 60% Cliff Click here for details → https://www.forbes.com/sites/alangassman/2020/06/08/treasury-announces-relief-from-60-cliff-but-does-it-have-the-authority-to-do-this/#6133919236dc

Partial PPP loan forgiveness remains if 60% threshold not met Click here for details → https://www.journalofaccountancy.com/news/2020/jun/partial-ppp-loan-forgiveness-remains-60-percent-threshold.html?utm_source=mnl:cpald&utm_medium=email&utm_campaign=09Jun2020

Trump Signs New Law Relaxing PPP Rules: What You Need To Know Click here for details → https://www.forbes.com/sites/allbusiness/2020/06/05/trump-signs-new-law-relaxing-ppp-rules-what-you-need-to-know/#4843c67431e3

Senate Passes PPP Reform Bill. New Rules on Forgiveness, Timing Some of the nine key changes apply to both current and future PPP loans Click here for details → https://www.inc.com/diana-ransom/paycheck-protection-flexibility-act-ppp-key-changes.html

Senate passes fixes to Paycheck Protection Program designed to keep small business afloat during coronavirus The Senate just passed the bill yesterday evening and the House passed it last week. It is now headed to the President. The new changes include: Lower to 60% from 75% the minimum portion of…

https://www.forbes.com/sites/allbusiness/2020/05/31/houses-passes-ppp-loan-forgiveness-bill-treasury-issues-harsh-forgiveness-regulations/#4bb69ffe7dce

FAQ: CARES Act SBA Loan Programs (PPP & EIDL)- Updated 5/4/2020 Click here for details → https://www.jdsupra.com/legalnews/faq-cares-act-sba-loan-programs-updated-65541/

Self-Employed And Need A PPP Loan? The SBA Just Issued New Guidance For You Click here for details➡ https://www.forbes.com/sites/jasonbfreeman/2020/04/15/self-employed-and-need-a-ppp-loan-the-sba-just-issued-new-guidance-for-you/#4a88b9046321

Sample PPP (Paycheck Protection Program) Application (PDF) Click here for details➡ https://www.sba.gov/sites/default/files/2020-04/PPP%20Borrower%20Application%20Form.pdf