Hawthorne & Co. CPAs

Guidance Issued for PPP First-Draw Loan Increases, Reapplications

Guidance Issued for PPP First-Draw Loan Increases, Reapplications

Procedural guidance from the Small Business Administration outlines processes Paycheck Protection Program borrowers and lenders must follow to reapply for a first-draw PPP loan or request an increase to a loan approved by Aug. 8, which is when the first iteration of the PPP stopped accepting applications.

If you should have any questions, please contact our office at (206)243-2336 or email us at office@hawthorne-cpa.com

** This information is provided for general educational purposes only. Before taking any action based on this information, we strongly encourage you to consult with a professional accounting advisor about your specific situation.

Close Menu