PPP Loan Forgiveness Process – Part 1 What can the loan be used for?

PPP Loan Forgiveness

By Steven Whitehill, Anchor Business Advisors To apply for forgiveness of your Paycheck Protection Program (PPP) loan, the SBA develop a form to be completed. Form 3508 – “SBA Loan Forgiveness Application”. You, as the Borrower, must complete. It is an eleven-page document (including instructions). It should be note like most […]

Paycheck Protection Program Updates

PPP is Broker

By MATTHEW LUTTINGER & BRAN NOONAN of Date   May 8, 2020 The CARES Act created the Paycheck Protection Program (“PPP”), which amended the Small Business Act (“SBA”) to provide short term loans to companies with fewer than 500 employees and other companies (such as those in the restaurant and hospitality industry). Such […]