Paycheck Protection Plan (PPP) loans were a lifeline for many small business owners during the worst of the pandemic-driven economic slowdown. In total, the Small Business Administration (SBA) approved nearly 12 million PPP loans, averaging $67,000. Although the PPP...
As many organizations approach or reach the end of their Paycheck Protection Program (PPP) covered periods, they should begin to focus on the loan forgiveness application. All PPP borrowers certified in their applications that “current economic uncertainty makes this...
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