NEW SBA LOANS
sba loans under 350K
My understanding for the PPP loan forgiveness was that the entire loan would be forgiven provided your costs posted against it were totally within the requirements. However, our first run at it shows it being limited to 60% of payroll... (More)
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NEW SBA LOANS
sharing knowledge
NEW SBA LOANSBlog
NEW SBA LOANS
Today I want to share what seems to be a forgotten goody in the Cares Act for business owners and entrepreneurs.
If you are funded for a new SBA loan between now and September 15th, your first six months of... (More)
sharing knowledge
NEW SBA LOANSPPP
Regarding PPP forgiveness, If an employer pays back payroll from their PPP funds, does this qualify for forgiveness. They are paying payroll during the 8 week period but its not for a current payroll cycle.
sharing knowledge
NEW SBA LOANS
We are an S Corp. We pay the owner a salary and distribution. I understand that for PPP Loan forgiveness, we can only include his capped salary and not distributions. Are there any stipulations for the loan or the loan... (More)
