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The House has passed a bill that includes some proposed PPP Loan forgiveness adjustments. If passed by the Senate, it would make changes such as:
DGC will continue to monitor this situation and provide updates accordingly.
In the meantime, if you have questions or want to discuss how DGC can assist you with loan forgiveness calculation, please contact a member of your DGC client service team or George Shaw, CPA at 781-937-5125 / firstname.lastname@example.org or Kimberley Train, CPA, ABV at 781-937-5112 / email@example.com. You can also visit our coronavirus web page at dgccpa.com/coronavirus which is frequently updated with resources to help you deal with the impact of the coronavirus on you and your business.
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