Let us help with your PPP2/ERTC questions

If you believe you meet the PPP2 and/or ERTC qualifications below and are an existing Wipfli client, we are here to help. Our fee for assisting with determining your eligibility starts around $1,000 and will ultimately depend on your specific situation.

Follow the link below to engage Wipfli and start the PPP2 application and ERTC review process — be sure to reference your unique Client ID included in your email.*

Please note: This form allows for multiple signers.

  • If you DO want to pass to another signer, simply fill in the required fields and sign at the bottom. Once you click to sign, you will then have the option to enter their information.
  • If you DO NOT want to pass to another person, simply fill in the required fields and sign the engagement letter where indicated. Once you click to sign, you will have the option to enter another’s information and you will simply leave those fields unfilled and click to sign again.
Start the process

*If you are not an existing Wipfli client, contact us here.

About PPP2 and the Employee Retention Tax Credit

PPP2 eligibility: Return borrowers

If you received a PPP loan last year, you may apply for another loan of up to $2 million if you:

  • Have 300 or fewer employees; and
  • Used the full amount of your first PPP loan (or will soon use the remainder); and
  • Can show that your business experienced a 25% decline in gross receipts in any 2020 quarter compared to that same quarter in 2019.

PPP2 eligibility: First-time borrowers

If you’re a first-time borrower, you are eligible for a PPP loan if you are:

  • A business with 500 or fewer employees; or
  • A sole proprietor, independent contractor or self-employed individual; or
  • An accommodation or food services operation (i.e., you have an NAICS code starting with 72) and you have fewer than 300 employees per physical location; or
  • A nonprofit (this includes religious institutions).

Employee retention tax credit eligibility

In general, you are eligible for the ERTC if your business:

  • Was fully or partially suspended due to orders from an appropriate governmental authority limiting commerce, travel or group meetings due to COVID-19; or
  • Has 2020 gross receipts for at least one calendar quarter that are less than 50% of the gross receipts received during the same calendar quarter(s) in 2019 (and/or less than 80% in 2021).

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