SBA PPP FORGIVENESS APPLICATION PROVIDES GUIDANCE FOR LENDERS AND BORROWERS

On May 15, 2020, the Small Business Administration (SBA) released the long-awaited Paycheck Protection Program (PPP) Loan Forgiveness Application. Congress established the PPP as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), and the PPP is a key pillar in the Government’s response to the economic consequences of the COVID-19 pandemic. ...… Continue Reading

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