 The Small Business Association released new loan forgiveness applications that streamline the forgiveness process for PPP loans of $50,000 or less.
Borrowers that use the new simpler application will be exempt from any reductions in the borrower’s loan forgiveness amount based on reductions in full-time equivalent (FTE) employees or reductions in employee salary or wages that would otherwise apply. If you applied, know someone that has, or are looking to... we can help. Click here for forgiveness guidelines.
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