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Loan Forgiveness: SBA Paycheck Protection Program (PPP)

Apr 15, 2020

On April 23, 2020, the federal government passed a $484 billion package to re-fund the SBA PPP.

Small businesses across the country have applied for and have started to receive loans from the SBA Paycheck Protection Program (PPP). These loans have been tremendously popular, provide much needed capital to businesses affected by COVID-19 and have an unprecedented loan forgiveness provision written in the loan.

Some preliminary and general guidance has been released around loan forgiveness, but there are still many unanswered questions.

Learn more about what we know, what we don’t know and what we expect in terms of more future guidance with this on-demand webinar.

Author(s)

Terry Hoover, CPA, ABV
Partner
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Kevin Cherney, CPA
Partner
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