Here is how you set up your plan to maximize forgiveness: Calculate your estimated eight-week payroll costs. To be forgiven completely, 75 percent of the loan proceeds must be spent on payroll.
Here are some items to discuss with them: 1. PPP EZ: A simpler forgiveness filing The most recent news is that the Small Business Administration has provided a simpler filing document for ...
It expands the eligible uses of PPP funds, simplifies the forgiveness process for loans of up to $150,000 and allocates $285 billion for a new round of PPP lending, including "second-draw" loans ...
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