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
BlogNEW 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)
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.