The Small Business Administration (SBA) recently implemented changes to the Paycheck Protection Program (PPP) that affect self-employed individuals who applied for the loan. Sole proprietors and independent contractors have the ability to take advantage of full...
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Relaxing PPP Rules—How the PPPFA Affects Businesses
The Paycheck Protection Program Flexibility Act (PPPFA) was passed by Congress earlier this month, which modified some of the original points of the PPP program. Read on to learn how these modifications will affect businesses with a PPP loan moving forward....
PPP loan forgiveness guidance released (05-18-20)
The SBA has released the long-awaited loan forgiveness guidance and a Loan Forgiveness Application that Paycheck Protection Program borrowers will submit to their lenders. Here is what we learned: To apply for forgiveness of your PPP loan, you ( the borrower) must...