by admin | Jun 4, 2020 | General News
The PPP forgiveness rules continue to evolve. Wednesday night (June 3), the Senate voted unanimously to accept the legislation previously passed by the House and President Trump is expected to sign soon. The Paycheck Protection Flexibility Act extends the deadline... by admin | Jun 3, 2020 | General News
Good news to our small business partners across the great state of Tennessee. Of course, we’re waiting for additional details to drop so we can share those with you but The Tennessee Business Relief Fund will direct approximately $200 million in federal... by admin | May 26, 2020 | General News
The Small Business Administration (SBA) released long-awaited Paycheck Protection Program (PPP) guidance Friday night adding rules for loan forgiveness. The rules follow instructions to the previously-released loan forgiveness form, but add important details. The... by admin | May 18, 2020 | General News
Over the weekend the Small Business Administration (“SBA”) released its long-awaited Paycheck Protection Program Loan (“PPP”) Forgiveness Application which you can find here. The Application and its instructions answer some questions borrowers have and give some... by admin | May 14, 2020 | General News
Less than one day before the May 14 extended deadline that the U.S. Treasury set for returning loan funds without penalty, it issued additional guidance. The U.S. Treasury had previously indicated that it would provide further guidance to borrowers utilizing the... by admin | May 1, 2020 | General News
Another day; another new development in the Paycheck Protection Loan Program. This time from the IRS. As you probably know the CARES Act included a provision that specifically causes loan forgiveness to be excluded from income. It did this without amending the...
