July 27, 2021

PPP Forgiveness:

Updates

ppp-loan-forgiveness

Did you receive a Round 1 PPP Loan?

Have you applied for forgiveness?

For those who have received the First PPP loan in April 2020, the period of repayment could start next month (August 2021) if you haven’t already applied and received forgiveness!

We can assist with PPP forgiveness calculations, applications and questions. We can help provide you with what is needed, and assist you with the preparation to claim your PPP loan forgiveness. 

You can apply for forgiveness once all loan proceeds for which your requesting forgiveness for have been used. You can apply for forgiveness any time up to the maturity date of the loan. If you do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred, and borrowers must begin making loan payments to their PPP lender.