Article Date:
December 2020


Word Count:
555

 

 

Good News If Your PPP Loan Is for $50,000 or Less


You are likely at or nearing the stage where you are thinking of applying for your Paycheck Protection Program (PPP) loan forgiveness.

 

Here’s good news: If your PPP loan (a) considered your employees and (b) is for $50,000 or less, your loan forgiveness amount may have increased to 100 percent even though you reduced pay or headcount.

 

And regardless of whether you obtain any additional monetary benefit from this new Small Business Administration (SBA) rule, you will find that the new has ... Log in to view full article.

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