Finance:
When Should You Apply For PPP Loan Forgiveness?
Published on Fri May 29, 2020
Keep loan documentation for 6 years, the Small Business Administration instructs. Now that the feds have issued an application for CARES Act PPP loan forgiveness, should you use it right away? Reminder: Forgiveness of CARES Act Pay-check Protection Program loans “is based on the employer maintaining or quickly rehiring employees and maintaining salary levels,” the Department of the Treasury explains [...]