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We want to send out additional information regarding the PPP Loan/Grant forgiveness portion of the CARES Act. It is vital to remember that most legislation that encompasses this degree of size and complexity takes a year or more to be vetted and have established protocol. We don’t have that kind of time if we are going to assist our small businesses. Therefore there may be some delays, however if your business has been affected by this virus, I urge you to not wait for that to “clear up”. Rather get you application into the queue since this is a first come first serve process.
Below I have added some links to a simple Paycheck Loan Calculator, which will provide some idea of the amount of the loan for your business. In addition there is a sample PPP application and finally a PPP Fact Sheet.