PPP Loans Under $50k Can Be Forgiven Now With Self Certification!
The Small Business Administration (SBA) issued guidance on October 8, 2020, allowing Paycheck Protection Program (PPP) loans of $50,000 or less to self-certify that they used the money appropriately and receive complete forgiveness, although borrowers will still have to provide things such as payroll provider reports. Now employers can use a further simplified form and a “check […]