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As guidance changes seemingly daily, here are links to two of the more important documents related to PPP loans. These are straight from the SBA, and cover many of the questions and issues regarding qualification for the program, computation of the amount eligible for forgiveness, and applying for loan forgiveness.
If those leave you wanting more, the ever-insightful Tony Nitti breaks down loan forgiveness in his most recent Forbes article.
If you have questions related to your specific PPP situation, please reach out to us – phone: 425-286-5831 or email: brendan@bmmscpa.com or mollie@bmmscpa.com