Do you qualify for PPP2? Here’s what to know.
In late December, Congress passed a second round of Paycheck Protection Program funding for small businesses. One of the features is a second draw, meaning you can get a second forgivable loan for your business if you meet certain criteria. First, let’s talk about what first draw and second draw mean. First draw means the […]
Got a Paycheck Protection Program loan? 5 New Things to Consider to Maximize Forgiveness
If you applied for the Paycheck Protection Program in early April, you’ve been on a quite a rollercoaster. In May, Congress recognized this program wasn’t working for us small business owners. As a result, they passed the Paycheck Protection Program Flexibility Act in early June. The new law has extended the covered period, clarified several […]