PPP Loan Forgiveness Updates for 2022


SBA Paycheck Protection Program Loan Forgiveness for 2021 First and Second Draw loans is in full swing! If you have not yet applied for forgiveness, this is a great opportunity to submit your application. Forgiveness response times are at their shortest, and the process is fairly painless!

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PPP Loan Forgiveness – The Next Chapter


The rules for the Paycheck Protection Program (PPP) continue to be revised. Initially, the SBA posted an Interim Final Rule relating to the implementation of CARES Act on April 2, 2020. There has been nothing "final" about it! Subsequently, the SBA and Treasury issued additional Interim Final Rules, and then a series of revisions. While the intent of these revisions has been to make the program more accessible, and the relief granted through the loan proceeds more meaningful, the changes have created a great deal of confusion.

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