Time to Revisit Paycheck Protection Program Forgiveness
If you have not applied for forgiveness, now is the time and the deadline may be fast approaching.
PPP2 Application & Additional Guidance
Late on January 6th, the SBA issued 120 pages of guidance in the form of Interim Final Rules. The revised application for Paycheck Protection Program Part 2 was released on January 8th.
The SBA will begin taking applications on January 11th although only new borrowers in underserved communities will have access today and tomorrow. On Wednesday, January 13th, all eligible entities nationwide will be able to apply.
Santa Finally Brings Something We Can All Use – PPP Relief!
Lawmakers finally ended months of negotiations to agree on a $900 billion Covid stimulus package. The bill is referred to as “The Consolidated Appropriations Act, 2021”. Changes to the PPP program included in the stimulus package include:
Dent Moses is Here to Help with PPP Forgiveness Applications
Most banks have opened their PPP Forgiveness online portals and many clients are ready to apply for forgiveness of PPP loans. We are here to help. Our tax and accounting advisors have spent the past 8 months following the PPP loan program as it was enacted, funded, and went through a series of changes over…
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REVIVE ALABAMA: COVID-19 Cash Grants for Alabama Small Businesses
The State of Alabama, through the Alabama Department of Revenue (ALDOR), has a new grant program, Revive Alabama Small Business Grant Program, for small businesses affected by COVID-19.
PPP Loan Forgiveness Application & Guidance Released May 15th
On Friday, May 15th, the SBA in consultation with the Treasury released an application and instructions for PPP loan forgiveness.