PPP Loan Forgiveness: SBA Offers Relief for Small Loan Recipients

Author: External Author | | Categories: Accountant , Accounting Services , Business Consulting , Tax Accountant , Tax Consultant , Tax Planning

Most small-business clients who borrowed loans under the Paycheck Protection Program (PPP) have now spent their loan proceeds and are starting the process of calculating eligibility for loan forgiveness. That process has unfortunately become much more complicated than anyone would have imagined at the outset.

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Original Article Source Credits:   ThinkAdvisor , https://www.thinkadvisor.com/

Article Written By:   Robert Bloink and William H. Byrnes 

Original Article Posted on:  October 27, 2020

Link to Original Article:  https://www.thinkadvisor.com/2020/10/27/ppp-loan-forgiveness-sba-offers-relief-for-small-loan-recipients/