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PPP Forgiveness: Need to Knows on Loans Under $150K
CPA and Attorney Steve Levy joins Casey Hiers to provide the most current information on Paycheck Protection Program (PPP) loan forgiveness. With the forgiveness process opening up at banks and a legislative stall in the Senate, many borrowers are wondering how to proceed.
The discussion covers the specific requirements needed to qualify for the "easy form," such as maintaining employee and salary levels, and explains the impact of the House-passed bill that stalled in the Senate. Finally, you'll learn about the general forgiveness application process, including why your bank is directing you…
The skinny
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