​Mnuchin suggests forgiving smaller PPP loans without verification

The Paycheck Protection Small Business Forgiveness Act is currently in the Senate.  The ACT would forgive PPP loans of $150,000 or less based on the borrower submitting a one page attestation to the lender. The lender would be held harmless.Forbes Article

With only hours to spare on June 30th Congress extended the PPP application deadline to August 8. Both the House and Senate unanimously passed the legislation which will now go to the President of signature.Forbes Article

Senate passes keyPaycheck Protection Flexibility ActJune 3rd, 2020.With nearly unanimous support the Senate passed the Paycheck Protection Flexibility Act. The legislation will now go to the President for signature.  The bill extends the time within which recipients of PPP loans can spend the proceeds. It also reduces the amount that is required to be spent on

PPP Webinar Series 10:30am WednesdaysHow to effectively track and monitor PPP loan proceeds for maximum forgiveness. Including Legislation and Regulation update.SBA PPP Loans have been and are being fundedAn  initial forgiveness application has been releasedYou’ll get guidance for corporations and sole proprietorsDocumenting the use of the loan proceedsStrategies to maximize the amount forgivenWe provide a

PPP Webinar Series begins:12:00pm EST April 22, 2020How to effectively track and monitor PPP loan proceeds, legislation and regulation update.SBA PPP Loans are being funded. How will you document the use of the loan proceeds?What is your strategy to maximize the amount to be forgiven?We’ll provide a tool that will help you plan your disbursements and