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SBA streamlines forgiveness for smaller PPP loans

The Small Business Administration (SBA) has released new guidance intended to expedite the forgiveness process for certain borrowers under the Paycheck Protection Program (PPP). The simplified process generally is available for loans of $150,000 or less, which the SBA...
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PPP first-draw forgiveness & repayment

The end of the principal and interest payment deferral period is rapidly approaching for many businesses that received first-draw loans under the Paycheck Protection Program (PPP1).  To avoid having to make payments, if you have not filed for your PPP1 forgiveness,...
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PPP first-draw forgiveness & repayment

PPP first-draw forgiveness & repayment

The end of the principal and interest payment deferral period is rapidly approaching for many businesses that received first-draw loans under the Paycheck Protection Program (PPP1).  To...

read more

Warady & Davis LLP is a Top 25 Chicago CPA Firm and a Great Lakes Regional Leader that provides a full range of audit, accounting, tax and consulting services and solutions to privately-held businesses, owners, high net-worth individuals and their families. We serve clients in Illinois, Wisconsin, throughout the United States and internationally.