by Akila Sivakumar | Jul 29, 2020 | COVID-19
The Small Business Administration (SBA) has recently told lenders they will start accepting Paycheck Protection Program (PPP) loan forgiveness applications starting August 10, 2020. The SBA had originally stated that borrowers could apply for forgiveness as soon as...
by Akila Sivakumar | Jul 6, 2020 | COVID-19
In April, The Small Business Association (SBA) issued the Paycheck Protection Program (PPP) to help companies that were affected by the COVID-19 pandemic. The PPP gave loans to small companies with less than 500 employees to help pay for their employee’s payroll....
by Ryan Burke, CPA, MSF | Jun 30, 2020 | COVID-19
Just last week, the Small Business Administration (SBA) announced that it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program to eligible applicants still struggling with the economic impact of the COVID-19 pandemic. The EIDL program offers...
by Brian Hare, CPA, CGMA | Jun 22, 2020 | COVID-19
As you may recall, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) back in April to help companies reeling from the economic impact of the COVID-19 pandemic. Created under a provision of the Coronavirus Aid, Relief and Economic...
by Brian Hare, CPA, CGMA | Jun 4, 2020 | COVID-19
On Wednesday night, the U.S. Senate passed The House bill called the Paycheck Protection Flexibility Act and sent it to President Trump, who is expected to sign it. This bill changes things on the Paycheck Protection Program. Here is a summary of main points of the...
