On May 15, 2020, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) Loan Forgiveness Application, offering some clarity, for now, on how loan forgiveness will work in practice...more
The potential for loan forgiveness is a pillar of the Paycheck Protection Program (PPP). Businesses receiving PPP loans must clearly understand the program’s loan forgiveness requirements, as well as its restrictions on a...more