Three Options to Stimulus Loan Forgiveness

We are entering the second month of the shutdown. Many of our clients have received their PPP loan funds, no doubt, with a sigh of relief. With money in hand, attention is turning to forgiveness. The percentage of funds used for payroll costs is key to ensuring forgiveness takes place.

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UPDATED: 3 Keys to Understanding, SBA, EIDL, and PPP Stimulus

For-Profit Businesses with under 500 team members CARES Act reduces concern about having to furlough employees.SBA advance loan application is simplified, with no forms to submit.Payroll Protection Program loan application process launching this week Key 1 – SBA Economic Injury Disaster Loan (EIDL Advance Loan/Grant) Should I Apply for the SBA up to $10,000 Loan…

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