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Webinar Recording -- Paycheck Protection Program Loans: Forgiveness Applications

May 28, 2020Paycheck Protection Program Loans: Forgiveness Applications Posted by BMD SBA Loan Team Client Alert

PPP Loan Forgiveness Application Details

May 18, 2020As 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