The SBA’s PPP Loan Forgiveness Application released on May 15, 2022 (SBA Form 3508) identifies six different time periods relevant to the loan forgiveness process. The confusion has been understandable.…
The SBA’s Paycheck Protection Program Loan Forgiveness Application has been released by the SBA. It is eleven pages long and includes an Application Form, a Schedule A, a Schedule A…
Businesses have been receiving Paycheck Protection Program (PPP) loan proceeds over the last few weeks, and the focus has shifted from the application process to the particulars of loan forgiveness.…
As described in previous blog posts, the CARES Act provided relief to small businesses in the form of two loan programs: the Paycheck Protection Program (PPP) and an enhanced Economic…
There are several provisions in the CARES Act, which was signed into law on March 27, 2020, that provide flexibility to retirement account owners. In a previous blog post, we…
The Paycheck Protection Program (PPP) was created by the CARES Act to encourage small business owners to maintain their workforce or rehire previously laid off or furloughed workers. For more…