Attention PPP Loans Recipients Less than $50,000:

The US Small Business Administration & US Treasury Department released guidance this week clarifying that recipients of Paycheck Protection Program (PPP) loans of $50,000 or less will be able to apply for forgiveness using a simplified application form. ...

PPP Loan Payment Start Date Change

The US Small Business Administration released additional guidance on September 30, 2020 clarifying the deferral period for payments on all Payroll Protection Program (PPP) loans.  The original promissory note indicated a six-month deferral for payments on the...