Paycheck Protection Program Forgiveness: The Flexibility Continues
While the Paycheck Protection Program’s (PPP) rate of change has slowed a bit, new guidance continues to be released on at least a weekly basis. The Flexibility Act signed in early June provides businesses who received loans the option to extend their covered period from 8 to 24 weeks, which will help most businesses reach full forgiveness of their loans. Additionally, in mid-June the Small Business Administration (SBA) released an “EZ” application to allow businesses to certify versus prove certain data needed for forgiveness.
We anticipate additional guidance and examples will continue to be released over the summer. What follows is a subject list of what will be covered in this webinar:
- An overview of the most recent PPP updates
- What these updates mean for you
- Tips and tricks as you continue to navigate the forgiveness process
Webinar presented by:
Kelsey Vatsaas and Jordan Smith