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Blog Post
Webinar Recording -- Paycheck Protection Program Loans: Forgiveness Applications
May 28, 2020
Paycheck Protection Program Loans: Forgiveness Applications
Posted by
BMD SBA Loan Team
Client Alert
PPP Loan Forgiveness Application Details
May 18, 2020
As PPP loan recipients start to take stock of how they’ve used funds over the eight-week period, many businesses are eager to move ahead with the forgiveness portion of the program. How much of the loan will be forgiven is determined by the Small Business Administration (“SBA”), as provided in the CARES Act.[1] Over the weekend, the Department of Treasury released details on the forgiveness application, which can be found here.
Posted by
Cassandra Manna & The BMD SBA Loan Team