PAYMENT PROTECTION PROGRAM:
Simpler Form For PPP Reporting Provides Welcome Relief
Published on Fri Oct 16, 2020
Form applies to companies with loans of $50K or less. The Small Business Administration has issued a new form that will ease burdens on both small CARES Act Paycheck Protection Program borrowers and lenders. On Oct. 8, SBA “released a simpler loan forgiveness application for [PPP] loans of $50,000 or less,” it says in a release. “This action streamlines the [...]