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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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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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SBA Eliminates PPP Loan Necessity Questionnaire for Loans Over $2 Million

7/14/2021 Articles & Podcasts

The Small Business Administration has announced that the Paycheck Protection Program Loan (PPP loan) Necessity Questionnaire is no longer required for loans of $2 million or more. These Necessity Questionnaires were first announced in November of 2020 and only applied to loans greater than $2 million.

Even though the Questionnaires are no longer required, it’s still important to keep all relevant documentation related to your PPP loan.

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
    Business Advisory, Paycheck Protection Program, PPP Loans, 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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DGC's On-Demand Webinar Library link with icons

Webinar Recording & Slides: The Biden Tax Proposals 6/29/2021
PPP General Funding Has Run Out, Most Businesses Can No Longer Apply 5/5/2021
Webinar Recording: The Employee Retention Credit and PPP Round Two Presentation to the BSA 2/15/2021
Webinar Recording and Slides: PPP Round Two – Requirements for Eligibility and the Forgiveness Process 1/13/2021
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