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What do CPAs need to know about the new PPP? How is it different from the program that ran for five months before its loan application window closed in August? Continue Reading
The U.S. Small Business Administration (SBA) released procedural guidance Wednesday night that details the requirements for Paycheck Protection Program (PPP) borrowers to reapply for a PPP loan or request an increase to a PPP loan. Continue Reading
New legislation makes it possible for some clients to take advantage of both Paycheck Protection Program loans and the Employee Retention Credit. Find out how you can guide them through this planning opportunity. Continue Reading
The AICPA expects the Small Business Administration and the Treasury Department to open the Paycheck Protection Program's application window to all lenders by Friday. The AICPA encourages firms to advance the application process for small-business clients seeking relief. Continue Reading
Lenders with $1 Billion or Less in Assets Will be Able to Submit First and Second Draw PPP Applications on Friday – Continuing Dedicated Access for Community-Based Lenders Continue Reading
The application window for Paycheck Protection Program (PPP) forgivable loans will open Friday for lenders with $1 billion or less in assets, the US Small Business Administration and Treasury announced. Continue Reading
Get an update from Ed Zollars, CPA-AZ on the Interim Final Rule - Revised First Draw PPP Loan and Interim Final Rule - Second Draw PPP Loan Program. Continue Reading
The SBA and Treasury have released borrower application forms for the revived Paycheck Protection Program. The forms are Form 2483 for first-draw PPP loans and Form 2483-SD for second-draw PPP loans, which are available for previous PPP borrowers that need further assistance and meet eligibility requirements. Continue Reading
The SBA, in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. Continue Reading
The Paycheck Protection Program (PPP) will reopen Monday for select lenders and borrowers, the U.S. Small Business Administration and Treasury announced Friday. Continue Reading