PPP Flexibility Act

On May 28, 2020, the U.S. House passed the Paycheck Protection Program (PPP) Flexibility Act with strong bipartisan support. This bill provides new flexibility to PPP borrowers in several key requirements: Borrowers can apply for a PPP loan up to December 31, 2020 (assuming PPP funding remains available). Instead of an eight-week period to spend PPP funds, borrowers have a 24-week period after...

PPP Loans Forgiveness

I've received my PPP funds and am wondering what I need to do to comply with the rules so the loan can be forgiven. If the loan proceeds are used as specified, business owners may apply to have the loan forgiven. A forgiveness application needs to be completed and filed in order for the loan to be forgiven.  We will try to answer any questions you may have. Click the link below for more...