PPP Loan

Churches who received Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act will soon be asking if and how they will qualify for PPP loan forgiveness. There is uncertainty over some of the program details. While you may be anxious...

Early recipients can apply either eight or 24 weeks from the day they received funds. Here’s what you should know Many small business owners who were fortunate enough to get a forgivable loan through the Paycheck Protection Program are now asking themselves an important question: Should...

There is a “significant risk” of fraud for Paycheck Protection Program loans, the Government Accountability Office (GAO) said June 25, 2020, urging the Small Business Administration to ramp up efforts to respond to such risks. In a report released that day, the government watchdog, which is charged...