Over the last few months, I blogged about PPP loans maybe a dozen times. I answered hundreds of questions from readers and clients. And I’ve written a … [Read more...] about Big PPP Loan Forgiveness Surprises Await Small Businesses
COVID-19
PPP Flexibility Act Scrambles Planning But Offers Hope
On June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act. That's great news for PPP loan borrowers. The new statute … [Read more...] about PPP Flexibility Act Scrambles Planning But Offers Hope
Maximize PPP Forgiveness with Five Tips
You can maximize PPP forgiveness by understanding the Small Business Administration's Interim Final Rule on forgiveness. Further, by understanding the … [Read more...] about Maximize PPP Forgiveness with Five Tips
Paycheck Protection Program Loan Forgiveness Application: Tips, Tricks and Traps
Last night, the Small Business Administration published its Paycheck Protection Program Loan Forgiveness Application. The loan forgiveness … [Read more...] about Paycheck Protection Program Loan Forgiveness Application: Tips, Tricks and Traps
PPP Certification and the New Safe Harbor
Worried about your PPP certification? Stop. You should keep the PPP money. For one thing, you probably need the money. For another thing, the … [Read more...] about PPP Certification and the New Safe Harbor
Losing PPP Loan Forgiveness
A disturbing possibility: Surely many small business owners risk losing PPP loan forgiveness. Hopefully, most firms will only lose a bit. Some will … [Read more...] about Losing PPP Loan Forgiveness
PPP Certification Rule Change Creates Risk
Late last week, the Small Business Administration published new guidance on the certification rules for the paycheck protection program. The PPP … [Read more...] about PPP Certification Rule Change Creates Risk
Paycheck Protection Program Loan Application Failed?
Who knows how many small businesses applied for but failed to get a PPP loan. Certainly millions. Maybe tens of millions. Which begs an obvious … [Read more...] about Paycheck Protection Program Loan Application Failed?
PPP Loan Accounting: Tips to Do It Right
Hopefully, in the next few days, you receive a paycheck protection program loan, or PPP loan. Good job for getting that done. Seriously. Your … [Read more...] about PPP Loan Accounting: Tips to Do It Right
Paycheck Protection Loan Formula Explained and Illustrated
People are confused about how the paycheck protection loan formula works. And no wonder. Simple on the surface, the formula gets complicated once … [Read more...] about Paycheck Protection Loan Formula Explained and Illustrated