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  • About Us

    Where there's unique perspective, there's DGC. 
    Learn more

    • Service Philosophy
    • Team
    • News & Events
    • Community Involvement
  • Services
    • Private Client
    • Business Tax
    Assurance & Accounting
    • Accounting & Business Advisory Services
    • Audit, Review & Compilation
    • Employee Benefit Plan Audit
    • Overhead Rate Audit
    Business Advisory
    • Alternative Dispute Resolution
    • Bankruptcy & Restructuring
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DGC and PKF O'Connor Davies Join Forces

Effective January 1, 2022 DGC merged with PKF O’Connor Davies (PKFOD), the 27th largest accounting and advisory firm in the U.S. Click here for more information.

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PPP General Funding Has Run Out, Most Businesses Can No Longer Apply

5/5/2021 Articles & Podcasts

Less than a month before the May 31st application deadline, the Small Business Administration (SBA) says general funding for the Paycheck Protection Program (PPP) has run out, meaning most businesses can no longer apply for a PPP loan.

For businesses with an outstanding approved application, the SBA says those loans will still be funded. However, new qualifying applications will only be funded through Community Financial Institutions. It is unclear if Congress will try to add more funds to the program.

DGC has a proven process that utilizes our sophisticated model and incorporates our data analytics experience and accounting expertise to maximize PPP loan forgiveness. If you have questions, please contact a member of your DGC client service team or George Shaw, CPA at 781-937-5125 / gshaw@dgccpa.com or Kimberley Train, CPA, ABV at 781-937-5112 / ktrain@dgccpa.com.

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Articles & Podcasts
    Coronavirus, COVID-19, Paycheck Protection Program, PPP Loan, SBA, Small Business Administration

About the Author

George D. Shaw, CPA
George Shaw, CPA Partner, Transaction Advisory Services
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Kimberley A. Train, CPA, ABV
Kimberley Train, CPA, ABV Partner
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About the Author

George D. Shaw, CPA
George Shaw, CPA Partner, Transaction Advisory Services
More Articles by George
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Kimberley A. Train, CPA, ABV
Kimberley Train, CPA, ABV Partner
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Webinar Recording and Slides: PPP Round Two – Requirements for Eligibility and the Forgiveness Process 1/13/2021
COVID-19 Relief for Businesses – PPP Round Two and Other Provisions 1/8/2021
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