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The Latest PPP Loan Revisions that Borrowers Need to Understand It seems that much of the PPP- induced anxiety has dissipated over the last few weeks. Maybe it is the impact of the borrower favorable provisions of the Paycheck Protection Program Flexibility Act, the fact that most borrowers who sought funds have now received them,Read more

PPP Loan Forgiveness & Instructions Calculating loan forgiveness and potential adjustments for FTE and salary adjustments   The SBA published the Loan Forgiveness Application and accompanying instructions over the weekend. The application and instructions provide important definitions and information on calculating loan forgiveness and potential adjustments to forgiveness, such as the potential adjustments for FTERead more

How Will the SBA Review Borrower’s Good-Faith Certification of PPP Loans? Uncertain and confused seem to be the key words that describe how most borrowers under the PPP program are feeling since receiving their funding. The announcement by the SBA that they intended to audit all loans over $2.0MM, and that the audit would includeRead more