CapataCPA

AUGUST 4, 2020

PPP Loan Forgiveness Updates Webinar Come join our webinar to get more information on the PPP loan forgiveness process. The post PPP Loan Forgiveness Updates – Live Webinar appeared first on CPA firm in Orange County, CA | CAPATA.

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KROST

NOVEMBER 6, 2020

KROST has now assisted over 50 clients prepare and submit PPP loan forgiveness applications to their lenders and those submitted to the SBA had 100% forgiveness. Although there is no immediate rush to submit loan forgiveness, there are two main reasons companies are applying now rather than later.

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KROST

DECEMBER 22, 2020

As previously reported, the $900 billion COVID-19 stimulus Bill contains an additional $284 billion for additional PPP loans for small businesses, referred to as Second Draw Loans. Some of the new rules and rule changes apply to both the Initial and Second Draw PPP loans. Simplified Loan Forgiveness Application.

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KROST

DECEMBER 21, 2020

When the final text is released, we will update this article. Business Loans & Assistance – $325 billion for small businesses including: a. 284 billion of forgivable loans for a new Paycheck Protection Program for businesses with 300 or fewer employees that can show a loss in revenue (more details to follow).

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