CLIENT ALERT: Changes to the Paycheck Protection Program Incoming

Late Wednesday night, the US Senate passed a House-led bill to make changes to the Paycheck Protection Program. The new rules modify the forgiveness guidelines to attempt to make it easier for business owners. The new rules, which have not yet been signed into law by the President, do several…
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Loan Forgiveness Under the PPP

When a loan is received from the Paycheck Protection Program (PPP), obviously a key benefit is the loan forgiveness component. It is important to remember that for the loan to be forgiven, the funds must be properly used. It is useful to look at the name of the program “the…
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