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PPP Forgiveness
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PPPPPP ForgivenessPPP Update
ami kassar
CEO Multifunding LLC and author of The Growth Dilemma
Posted 22 days ago
New SBA questionnaire asks PPP borrowers, with a loan size greater than $2 million, to justify their economic necessity- before and after receiving the loan.

https://www.bizjournals.com/bizjournals/news/2020/11/04/sba-ppp-loan-forgiveness-forms-raise-red-flags.html?ana=e_tno&b=1604537633%5E21810059
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PPP Forgiveness
Dorothy Kolb
CEO/Founder
Asked a question 3 months ago

I have a client who had strategically planned to let go 3 employees at end of Q1. Then COVID. She got a PPP loan, but ... because of the reduction in headcount.

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PPP ForgivenessSBA PPP LoansPPP Loan Forgiveness PPP loans
Audra Ogilvy
Posted 4 months ago
What is the end date of the Covered period on a PPP loan Forgiveness Application? The instructions state that applications may be submitted before the 8 or 24 wk period is up. If submitted after 12 wks, would the end... (More)
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PPP ForgivenessSBA PPP LoansPPP Loan Forgiveness
Audra Ogilvy
Asked a question 4 months ago

What are transportation utilities? Originally the SBA included "business fuel" but yesterday they changed their minds. ... or city" are included. What are those?

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