Treasury Issues PPP Loan Forgiveness Application

On May 15, the U.S. Treasury issued the Paycheck Protection Program (PPP) loan forgiveness application (see it here).

OMA Connections Partner Clark Schafer Hackett says this highly anticipated release provides some, but not all, answers to open questions that borrowers have had related to PPP loan forgiveness.

OMA Connections Partner CLA posted this analysis about what they do and don’t like about the issued guidance. 5/19/2020