Why You May Want to Wait to File for PPP Loan Forgiveness and Other Tips - Update #6 | Schwabe, Williamson & Wyatt PC
To embed, copy and paste the code into your website or blog: Most Paycheck Protection Program (“PPP”) borrowers are working toward full forgiveness of their PPP loans and are anxious to get this process started. A borrower generally may submit a loan forgiveness application any time on or before the maturity of the loan—including before the end of the covered period—if the borrower has used all of the loan proceeds. But that does not mean a borrower should submit a loan forgiveness application as soon as possible. There are many considerations you should take into account when decidin...
Source: jdsupra.com