PPP loans

SBA Releases New and Revised PPP Loan Forgiveness Applications

SBA Releases New and Revised PPP Loan Forgiveness Applications

The SBA just released a revised PPP Loan Forgiveness Application and a new EZ Loan Forgiveness Application for borrowers. The revised form includes the changes from the Paycheck Protection Program Flexibility Act of 2020 that was signed into law on June 5th. The new EZ form has fewer calculation requirements

Sonya Foster2021-04-12T14:54:11-06:00June 17th, 2020|

Paycheck Protection Program Flexibility Act of 2020 (PPPFA) Summary

Paycheck Protection Program Flexibility Act of 2020 (PPPFA) Summary

Businesses, employers, and SBA lenders have been waiting for further clarification and added relief regarding the SBA Paycheck Protection Program (PPP). The new Paycheck Protection Program Flexibility Act of 2020 (PPPFA) provides some of the much needed guidance. Here is a summary of the bill. These provisions are retroactive to

Sonya Foster2021-04-12T14:54:12-06:00June 10th, 2020|