June 2, 2020
PPP Loan Forgiveness: How to Apply and What Changes Might Be Coming
The Small Business Administration has released the Payroll Protection Program forgiveness application detailing what expenses businesses can apply for forgiveness. The forgiveness application has brought a lot of clarity to the process and expanded definitions for how businesses can ensure full forgiveness of their PPP loans.
HARDI Government Affairs goes through the application, instructions, and any guidance released by SBA and fills you in on the bipartisan Paycheck Protection Flexibility Act, which has recently gotten support from House Speaker Nancy Pelosi, that would make changes supported by the business community.