Payroll Protection Program (PPP) loans update
The Small Business Administration (SBA) has reported that they have processed approximately half of the forgiveness applications that they have received. It is important to point out to small businesses that applications for forgiveness of your PPP loans are due very soon, for many prior to the end of July. Remember, if you meet certain […]
Senate passes extension of application deadline for PPP small-business loans
On Tuesday, the Senate passed legislation that extends the deadline for businesses to apply for coronavirus aid under the Paycheck Protection Program (PPP), that was set to expire at the end of June. The bill, which passed by unanimous consent, moves the deadline for applying for PPP loans (which go to businesses with fewer than […]
