Paycheck Protection Program Loan Forgiveness Application Now Available
Late Friday evening, the SBA, in conjunction with the U.S. Department of Treasury released the Paycheck Protection Program (PPP) Loan Forgiveness...
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Marketing 6/4/20 12:00 AM
The Senate has officially passed the Paycheck Protection Program Flexibility Act of 2020
Late Wednesday night, the Senate signed the House Bill, Paycheck Protection Program Flexibility Act of 2020 and is expected to be signed by the President today.
This bill will help small businesses gain more access to the PPP loan program and loosen some of the key loan forgiveness requirements.
Key Changes from the PPP Flexibility Act include:
The Paycheck Protection Flexibility Act of 2020 can be found here.
The new requirements and extensions will affect the excel calculation form that we have put together, therefore we will go through it carefully to ensure we are providing the most correct and up-to-date information. We will release the updated calculation form as soon as possible.
Late Friday evening, the SBA, in conjunction with the U.S. Department of Treasury released the Paycheck Protection Program (PPP) Loan Forgiveness...
The pandemic created new turmoil and complexity for lenders.
On Friday, May 22, 2020 the U.S. Department of Treasury along with the Small Business Administration (SBA) released two additional interim final...