The Keeping American Workers Paid and Employed Act, more commonly referred to as the Paycheck Protection Program (PPP) is administered by you – the SBA PPP Lender. The next step to prepare for phase two of the PPP is loan forgiveness for your PPP borrowers.
Eide Bailly Can Help SBA PPP Lenders
How do lenders deal with PPP loan forgiveness?
We recently talked through best practices for lenders, outstanding questions surrounding PPP loan funding and forgiveness and a potential model to help maximize forgiveness.
What types of information should I share with those who have received PPP funds?
The PPP loan funding continues to have new guidance issued. It’s important for your clients to understand the resources available to them to help maximize their PPP loan forgiveness with you.
We put together a one-page resource with critical information to consider.
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