The Small Business Administration (SBA) released a new Interim Final Ruling which discusses Paycheck Protection Program Loan (PPP Loan) forgiveness. This new guidance provides some much-needed clarity concerning some issues discussed during our recent PPP Loan Forgiveness Webinar on June 22nd. To listen to the webinar recording and download the slide deck, click here.
Here are five notable changes from this new guidance that borrowers need to be aware of:
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 / email@example.com or Kimberley Train, CPA, ABV at 781-937-5112 / firstname.lastname@example.org.
You can also visit DGC's coronavirus web page at dgccpa.com/coronavirus which is frequently updated with new resources to help you deal with the financial impact of the coronavirus on you and your business.
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