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8 Search Results Found For: "ppp forgiveness"

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Paycheck Protection Program (PPP) Loan Forgiveness

Experience The Paycheck Protection Program (PPP) loan forgiveness process has continued to evolve. With the latest legislation, loans under $150,000 will no longer require significant time and resources on the...

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COVID-19: PPP Loan Forgiveness, New Guidance

Date Presented June 4, 2020 Presenters Cynthia R. Boehmer Daniel F. Morrill Michael C. Stravin Summary If you or your customers have received, or expect to receive, a Paycheck Protection...

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PPP Loan Forgiveness Accounting & Tax Considerations Update

Date Presented May 6, 2020 Presenters Ryan P. Brunell Ryan M. Gorman Daniel F. Morrill Michael C. Stravin Summary If you or your customers have received, or expect to receive,...

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Expanded PPP Becomes Law to Assist Those Economically Impacted by COVID-19

On December 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act) was signed into law. This new law changes the rules for the...

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SBA Releases New Guidance, Simplified Forgiveness Application

On June 17, 2020, the U.S. Small Business Administration (SBA) issued a highly anticipated Interim Final Rule, an updated application for Paycheck Protection Program (PPP) loan forgiveness (Form 3508), and...

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Key Tax Considerations – Consolidated Appropriations Act 2021

The Consolidated Appropriations Act, 2021 (H.R. 133) (CAA) took effect on December 27, 2020. This insight provides highlights of the COVID-19-related tax relief contained within Division N, Subchapter B of...

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Federal Reserve Creates Main Street Lending Program

The Federal Reserve established the Main Street Lending Program (MSLP) to provide financial support through lending to small and medium sized businesses that were stable prior to the COVID-19 pandemic....

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Summit Technology Consulting Group Partnering with Wolf & Company, P.C.

This comprehensive service will support institutions of all sizes in reviewing loan packages against SBA requirements In an effort to assist community banks and credit unions facing the challenge of...

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