Companies and sole proprietors with PPP loans have been scrambling to maximize their 8-week loan forgiveness. The Paycheck Protection Program Flexibility Act, which eases the forgiveness rules, will likely come as welcome...more
Employers with PPP loans have been anxiously waiting guidance on forgiveness for over a month. On Friday, the Small Business Administration (SBA) provided some insight by releasing the PPP Loan Forgiveness Application, with...more
Wondering how to use your Payroll Protection Program (PPP) proceeds now that you’ve been approved? Careful planning and consideration should be exercised to ensure you maximize the loan forgiveness. So, let’s discuss some...more
The recently enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act) seeks to mitigate the economic impact of COVID-19. It seeks to expand on prior legislation. It provides greater assistance to individuals,...more