This week, the Small Business Administration released 23 new FAQs to provide guidance on loan forgiveness under the Paycheck Protection Program (PPP). OMA Connections Partner CliftonLarsonAllen issued this summary, stating that the FAQs provide additional clarity, but questions remain.
For insight into what the new guidance says about transportation expenses, read this summary from OMA Connections Partner GBQ Partners.
Also, check out this free on-demand webinar by OMA Connections Partner Crowe LLP, which addresses how to simplify the PPP loan forgiveness process. 8/6/2020