May 22 PPP Final Interim Rules Provide Further Guidance And Some Surprises

May 22 PPP Final Interim Rules Provide Further Guidance And Some Surprises

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Just last night, the SBA gave new weekend plans to those of us who advise borrowers and banks on how to plan for and understand the PPP loan forgiveness rules and process.

The new Interim Final Rules consist of 26 pages that build upon what we learned from the Loan Forgiveness Application and Instructions, which cleared up several items, and resulted in several questions, and now some…

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