Hawthorne & Co. CPAs

SBA Streamlines Forgiveness for Most PPP Loans

SBA Streamlines Forgiveness for Most PPP Loans

The Small Business Administration has issued guidance intended to speed up and simplify the forgiveness process for Paycheck Protection Program loans of $150,000 or less, which represent 93% of outstanding loans in the $800 billion program.

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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