Lenders should account for the forgivable portion of a Paycheck Protection Program (PPP) loan as an interest-bearing loan until the receipt of payment for that loan from the US Small Business ...
Legal and financial experts agree: Deposit your small-business loans into a separate account. It will help track how funds were used to have them forgiven and protects your company in an audit. A ...
In a significant development for the mergers and acquisitions (“M&A”) community, the U.S. Small Business Administration (“SBA”) issued a “Procedural Notice” which affects the requirement for companies ...
Accounting for how the loan is spent will be more complicated than many business owners anticipate, experts say. Your business has been able to secure federal aid under the Paycheck Protection Program ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback