COVID 19

PPP Covered Period Increased to 24 Weeks; SBA Releases EZ Forgiveness Application to Support New Forgiveness Guidelines

On June 5, 2020 the President signed the Paycheck Protection Program Flexibility Act into law.  The act modified the PPP forgiveness process and provided some much anticipated relief to business owners.  On June 16, 2020 the Small Business Administration released amendments to the  forgiveness application and instructions.  At the same time, a new EZ forgiveness application and instructions were also released.  Paycheck Protection Program EZ Loan Forgiveness Application (Released June 16, 2020) Paycheck Protection Program EZ Loan Forgiveness Application Instructions (Released June 16, 2020) Paycheck Protection Program Loan Forgiveness Application (Revised June 16, 2020) Paycheck Protection Program Loan Forgiveness Application…