PPP Loan Forgiveness

PPP Loan Forgiveness: May 22 SBA Interim Final Rules Important Takeaways

By: Logan Wood © 2020 The CARES Act is an overarching Act aimed to help those affected by COVID-19. In particular, this Act authorized the United States Small Business Administration (“SBA”) to provide temporary guaranteed loans under a program known as the Paycheck Protection Program (“PPP”). In general, the Act allowed certain borrowers to be …

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