2nd Round Basics The SBA has released details on the 2nd Draw PPP program. The program goes live Monday 1/11 for first time borrowers, and Wednesday 1/13 for 2nd Draw borrowers who use community banks. National banks will be able to start accepting applications beginning the following Monday 1/18. The
At long last, we have some definitive guidance to decipher what PPP loan forgiveness will look like. There is a lot of information to deciper in the application, and even our brains hurt when we started reading it!!! The good news: The application and guidance are pretty similar to what
Now that many of you have received PPP funding and are bringing employees back onto payroll, we’re fielding a number of questions about how this pertains to unemployment, etc. Here are answers to a few frequently asked questions: My Employees are earning an extra $600 on unemployment and they do