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PPP
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ami kassar
CEO Multifunding LLC and author of The Growth Dilemma
Do you have questions about SBA Loan Incentives, Tax & Retention Credits, PPP & Forgiveness? Join us tomorrow at noon EST for four 10 minute presentations followed by a live Q&A session. Come with questions! Register here: https://wirst27v.pages.infusionsoft.net/
ami kassar
CEO Multifunding LLC and author of The Growth Dilemma

If you apply for a PPP Loan with KABBAGE what happens next? Borrower Be Careful

Last week, Kabbage, a leading fintech lender, shut down their lines of credit for all of their existing customers. And so, when I woke up this morning, I was stunned to see many entrepreneurs in various online forums I... (More)

Blog
PPP
ami kassar
CEO Multifunding LLC and author of The Growth Dilemma

Amisight 3/1: SBA Releases Data on the Status of PPP Forgiveness

Over the weekend, the SBA released an updated report on the PPP program's status – which included information about the level of forgiveness for 2020 PPP loans.

A key summary of the findings:

  • ~34% of loans have completed the forgiveness... (More)
Blog
PPP
ami kassar
CEO Multifunding LLC and author of The Growth Dilemma

Amisight 2/25: Is your state taxing forgiven PPP loans?

In recent legislation, the federal government made it clear that forgiven PPP loans are not considered taxable income on the federal level. However, the question often comes up on a state level, and I usually don’t have an answer.

The... (More)