Part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act was the $669 billion Paycheck Protection Program (PPP). As the year comes to a close, businesses are looking to apply for loan forgiveness where applicable and repay unused or unneeded funds. The original Revised Full Forgiveness Application was quite complicated and covered several aspects […]
Paycheck Protection Program
New Legislation Adjusts Rules of Paycheck Protection Program
The Small Business Association (SBA) launched the Paycheck Protection Program (PPP) in response to the coronavirus pandemic. Although it’s a loan program, it is entirely forgivable when businesses use it appropriately and document the usage. And now, there’s new legislation that adds further flexibility to how you can spend the money to make it simpler […]
