by SKDOThe SBA issued 2 new sets of guidelines on June 23 and 24th that have provided some of the answers we’ve been waiting for. We’ve summarized the main points below. Submitting an application—The SBA has stated that a borrower may apply for forgiveness at any point during their 8- or 24-week covered period. The deadline […]
by SKDOAs many of you have probably seen by now, the Senate approved the Paycheck Protection Program Flexibility Act on Wednesday night (6/3), and we hope that the President will sign it into law shortly. This bill provides some much-needed relief to small businesses who have been struggling to meet the demands and nuances of the […]
by SKDOThe Paycheck Protection Program has created a lot of uncertainty, frustration, and anticipation within the small business community. Despite the lack of guidance, many of our clients have been helped by the much-needed relief. If you have already been approved, you are now dealing with the next round of confusion—how to spend the proceeds. We […]