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Blog
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New SBA Loan Forgiveness Application Clears Up Some (Not All) PPP Confusion
On Friday, May 15, 2020, the Small Business Administration released its Paycheck Protection Program (PPP) Loan Forgiveness Application (see link). This new form clears up several, but not all, vague...
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COVID-19 Business Support
The coronavirus pandemic has introduced uncertainty into every facet of our lives. We are concerned about the health and safety of our families and friends, and many of us...
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FAQs: Understanding the New Paycheck Protection Program
[UPDATED 5/16/2020] The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became law on Friday, March 27, 2020. In addition to expanded unemployment benefits and tax changes, the...
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Good News: If You’re Considering Giving Back Your PPP Loan, Read the New SBA Guidance First
The Small Business Administration (SBA) issued updated guidance on Wednesday, May 13, 2020, clarifying that businesses and their affiliates that received Paycheck Protection Program (PPP) loans of less than...
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If You Guessed PPP Loans Are Tax-Free, Guess Again
Many small businesses have been approved for and now may have received loans through the Paycheck Protection Program (PPP). The PPP was created as part of the Coronavirus Aid,...
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Best Practices to Ensure Your PPP COVID-19 Loan is Forgiven
(UPDATED 5/12/2020) Applicants for the Paycheck Protection Program (PPP) COVID-19 loans, forgivable loans offered by the federal government to small U.S. businesses and nonprofits affected by the pandemic, are...
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