{"id":303,"date":"2020-10-09T13:33:41","date_gmt":"2020-10-09T13:33:41","guid":{"rendered":"https:\/\/www.sz-cpas.com\/blog\/?p=303"},"modified":"2020-10-09T13:36:51","modified_gmt":"2020-10-09T13:36:51","slug":"ppp-loan-forgiveness-update","status":"publish","type":"post","link":"https:\/\/sasserath.vglmarketing.pro\/index.php\/2020\/10\/09\/ppp-loan-forgiveness-update\/","title":{"rendered":"PPP Loan Forgiveness Update"},"content":{"rendered":"<p style=\"margin: 2.25pt 0in 7.5pt 0in;\"><em><span style=\"font-size: 13.0pt; font-family: 'Source Sans Pro',sans-serif; color: #393b3e;\">By George Batas<\/span><\/em><\/p>\n<p style=\"margin: 2.25pt 0in 7.5pt 0in;\"><span style=\"font-size: 13.0pt; font-family: 'Source Sans Pro',sans-serif; color: #393b3e;\">It is difficult to believe that seven months have passed since the Paycheck Protection Program (PPP) started dominating the national business conversation. Yesterday, the U.S. Small Business Administration released a simpler loan forgiveness application for PPP loans of $50,000 or less.<\/span><\/p>\n<p style=\"margin: 2.25pt 0in 7.5pt 0in;\"><span style=\"font-size: 13.0pt; font-family: 'Source Sans Pro',sans-serif; color: #393b3e;\">The new application is intended to help streamline the PPP forgiveness process for those smaller loans. <\/span><\/p>\n<p style=\"margin: 2.25pt 0in 7.5pt 0in;\"><span style=\"font-size: 13.0pt; font-family: 'Source Sans Pro',sans-serif; color: #393b3e;\">The SBA began approving PPP forgiveness applications last week. View the links below and contact your S&amp;Z professional for guidance on your forgiveness application. <\/span><\/p>\n<p style=\"margin: 2.25pt 0in 7.5pt 0in;\"><a href=\"https:\/\/home.treasury.gov\/system\/files\/136\/PPP-Loan-Forgiveness-Application-Form-3508S.pdf\"><span style=\"font-size: 13.0pt; font-family: 'Source Sans Pro',sans-serif; color: #0053a3;\">Download the new loan forgiveness application<\/span><\/a><\/p>\n<p style=\"margin: 2.25pt 0in 7.5pt 0in;\"><a href=\"https:\/\/home.treasury.gov\/system\/files\/136\/PPP-Loan-Forgiveness-Application-Form-3508S-Instructions.pdf\"><span style=\"font-size: 13.0pt; font-family: 'Source Sans Pro',sans-serif; color: #0053a3;\">Download the instructions for completing the loan forgiveness application<\/span><\/a><\/p>\n<p style=\"margin: 2.25pt 0in 7.5pt 0in;\"><a href=\"https:\/\/home.treasury.gov\/system\/files\/136\/PPP--IFR--Additional-Revisions-Loan-Forgiveness-Loan-Review-Procedures-Interim-Final-Rules.pdf\"><span style=\"font-size: 13.0pt; font-family: 'Source Sans Pro',sans-serif; color: #0053a3;\">Download the Interim Final Rule on the forgiveness process for loans of $50,000 or less<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By George Batas It is difficult to believe that seven months have passed since the Paycheck Protection Program (PPP) started dominating the national business conversation. Yesterday, the U.S. Small Business Administration released a simpler loan forgiveness application for PPP loans of $50,000 or less. The new application is intended to help streamline the PPP forgiveness [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":304,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/posts\/303"}],"collection":[{"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/comments?post=303"}],"version-history":[{"count":3,"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/posts\/303\/revisions"}],"predecessor-version":[{"id":309,"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/posts\/303\/revisions\/309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/media\/304"}],"wp:attachment":[{"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/media?parent=303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/categories?post=303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sasserath.vglmarketing.pro\/index.php\/wp-json\/wp\/v2\/tags?post=303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}