You may be eager to file for forgiveness of your PPP Loan; however, the banks and the SBA have not begun to accept loan forgiveness applications at this time. Once they begin the process we will be certain to post more information on Twitter and our website.

Additionally, you have probably heard that Congress has been in negotiations to create another Covid-19 economic relief package. At this point very little is known regarding the form this type of legislation may take. There has been talk of an add-on to the original PPP loans, unemployment benefits and additional stimulus checks. Talk however, is not legislation and currently both parties look to be worlds apart. Only time will tell what the final bill may look like.

As we have mentioned before, we are in this together, and will try to do our best to keep you informed of any developments. Please let us know if you have any questions.

Please follow us on Twitter for daily briefings and postings at @richwightmancpa.