Business Help

faq-2643072_1920.jpg?fit=1200%2C655&ssl=1
August 7, 2020

The Small Business Administration (SBA) and Treasury released an updated Paycheck Protection Program (PPP) FAQ on Aug. 4 in an effort to address PPP loan forgiveness issues that have arisen as borrowers begin to complete their applications. The 23 FAQs address various aspects of PPP forgiveness including general loan forgiveness, payroll costs, non-payroll costs, and loan forgiveness reductions. Here is a brief overview of some of the most notable clarified guidance. 

the-white-house-1623005_1920-1.jpg?fit=1200%2C683&ssl=1
July 5, 2020

President Trump has signed a five-week extension to the Paycheck Protection Program (PPP) which was unanimously agreed upon last week by the U.S. Senate and House of Representatives in an effort to continue providing relief for small businesses hit hard by the pandemic.

office-4249395_1920.jpg?fit=1200%2C800&ssl=1
May 27, 2020

On May 23, the Small Business Administration (SBA) issued an interim final rule for the Paycheck Protection Program (PPP) that included the loan forgiveness application guidance released May 15, as well as other updated guidance.