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Daily Archives: May 27, 2020

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New Guidance Regarding PPP Loan Forgiveness

Covid-19By Laura NicholsMay 27, 2020Leave a comment

On May 22, the Small Business Administration (SBA), in conjunction with the U.S. Treasury, released additional guidance for recipients of loans through the Paycheck Protection Program (PPP). A recent article from the Journal of Accountancy examines the details of the new release. The SBA issued two new interim final rules, one regarding requirements for loan…

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