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Showing posts from November, 2020

PPP Loan Forgiveness Fact Sheet

 From the SBA:   Treasury and the Small Business Administration released a  PPP Forgiveness Factsheet . The factsheet provides the steps for applying for loan forgiveness. As a reminder, borrowers can apply for forgiveness any time up to the maturity date of the loan. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred and borrowers will begin making loan payments to their PPP lender.