What PPP Loan Borrowers Should Consider When Choosing Between The 8 Or 24 Week Forgiveness Period
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PPP borrowers and their advisors are scrambling to determine how to manage their businesses and expenses to best facilitate loan forgiveness to benefit their businesses and employees. These two objectives are sometimes at odds, and the new 24-week testing period election, which most borrowers can meet, will have a powerful impact on business conduct.
Borrowers whose loans…
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