Since April 3rd, millions of business owners flooded their banks for a piece of the Paycheck Protection Program (PPP) pie, and as of May 23rd more than $510 billion and 4.4 million loans have been approved. But many folks are still wondering – what’s my path to full forgiveness, if any?
After weeks of anticipation and small dribbles of new guidance, it appears the SBA is coming down the final stretch on forgiveness after having released some fairly substantial updates over the past two weeks: a PPP loan forgiveness application, two new interim final rules, good-faith clarification, and more.
This latest guidance will also beg the question for many businesses who have stayed on the sidelines – is it time to reconsider PPP? There is still $150B+ left in the program, and there are serious legs to the rumors that forgiveness may undergo some game-changing “covered period” updates in the coming week(s), so perhaps it’s time to think again?
Join SC&H Group’s Jim Wilhelm, Greg Horning, and James Eaton, as they dive deeper into the full PPP loan forgiveness picture. They’ll focus on:
Please remember to submit your forgiveness questions ahead of time when registering, we’re going to devote a large portion of the webinar to audience Q&A.