by Mark Zeidman, Traci Clements and Patricia Wachsmann | May 22, 2020 | COVID-19 Resources, News
PPP Loan Forgiveness Overview The Small Business Administration (SBA) released the form of application allowing borrowers in the Paycheck Protection Program Loan (PPP) to apply for loan forgiveness. The application includes instructions and formulas to calculate the...
by Mark Zeidman | May 4, 2020 | COVID-19 Resources, News
As most are now aware, a business can obtain a loan pursuant to the PPP of the CARES Act and have some or all of the loan proceeds forgiven if the business uses such loan for its intended purposes (75% payroll and 25% rent, primarily). There has been speculation that...
