Hawthorne & Co. CPAs

PPP Forgiveness Simplified for Loans of $50,000 Or Less

PPP Forgiveness Simplified for Loans of $50,000 Or Less

Paycheck Protection Program borrowers of $50,000 or less have an opportunity to apply for forgiveness using a simplified application that has been released. Under the process, these borrowers are exempt from penalties for reduction of full-time employees or employees’ wages.

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.

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