Archives

COVID-19 Update 10/12/2020

October 12th, 2020 by

  SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less On October 8, the U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and