Category Archives: PPP Loan
SBA PPP Second Draw Application
Dear Clients and Friends, The Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan with the same general loan terms as their First Draw PPP Loan. Second Draw PPP Loans can be used to help fund payroll costs, including benefits…. Read More »
SBA issues PPP Loan Forgiveness Application
Dear Clients and Friends, Many of my clients have secured PPP loans for their nonprofits. Most have already received their money and are now preparing for the next phase, forgiveness of the loan. This past week the SBA has issued the PPP Loan Forgiveness Application and Worksheets. Click here for the PDF I hope… Read More »
SBA provides Updated Q & A for PPP Loans
Dear Clients and Friends, Many of my clients have secured PPP loans for their nonprofits. Most have already received their money and are now preparing for the next phase, forgiveness of the loan. Over the last 30 days the SBA has been issuing frequently asked Questions and Answers to help the general public deal… Read More »
Secure Approval Before Applying for PPP Loan
Dear Clients and Friends, The church world is a buzz with webinars and emails about the SBA loan program called the “Paycheck Protection Program.” Without a doubt this program will help many churches and nonprofits across our country hurting due to falling donations. But please review your governing documents: Articles of Incorporation, Constitution and… Read More »
