PPP Loan Forgiveness Overview

PPP Loan Forgiveness Overview [READ UPDATE HERE] 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...

Clarity for PPP Loan Recipients

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...