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Five Things Every Paycheck Protection Program Borrower Should Do After Receiving A Loan

  • Writer: Bill Hammett
    Bill Hammett
  • Aug 20, 2020
  • 1 min read

CLICK HERE to read: Five Things Every Paycheck Protection Program Borrower Should Do After Receiving A Loan

Did you get the loan?  If so, please make sure you are on top of these 5 things:

  1. Ensure That The PPP Funds Are Used Only For Allowable Uses

  2. Work Closely With Tax Professionals To Maximize The Forgivable Amount

  3. Maintain Proper Documentation To Substantiate Costs. 

  4. Look For Additional Tax Savings Under The CARES Act.

  5. File an Application With The Bank After the 8-Week Period To Request Forgiveness Of Loan Amounts.  



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