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Accounting for PPP Loan Forgiveness

Recently the American Institute of Certified Public Accountants (AICPA) released guidance on accounting and financial reporting for the forgiveness of Paycheck Protection Program (PPP) loans acquired through the Small Business Administration (SBA) as part of the...

Two New PPP Loan Forgiveness Forms Released

In response to the Paycheck Protection Program Flexibility Act (“PPPFA”) the Small Business Administration (“SBA”) released two new PPP Loan forgiveness forms with instructions (linked below): Revised PPP Loan Forgiveness Application and instructions EZ PPP Loan...

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