SBA Releases Application On PPP Loan Forgiveness
Posted May 19, 2020
Recently, the Small Business Administration (“SBA”) released a new application for businesses to apply for loan forgiveness if they received a Paycheck Protection Program (“PPP”) loan. The application is helpful as it provides insight as to how forgiveness will be calculated. You can find the application here.
However, many business owners still hold questions regarding how loan forgiveness applies specifically to their situation. Beresford Booth’s upcoming webinar will discuss this more and in greater depth. You may register here.
At Beresford Booth, we continue to monitor the SBA’s guidance as it relates to PPP loans and their forgiveness. We remain available to answer any questions you may have about your business’s situation.