media:remote_video:519b7099-2592-41f2-9077-8cabe53b0b08
Review of Paycheck Protection Loan Forgiveness Application
Presented by Mike Amon, Dir. SBA Lending
Listen in for a review of forgiveness application the SBA has published. Using the application, our experts shared the terms PPP borrowers should consider when seeking forgiveness and verification procedures. These include how long borrowers have to use the proceeds, the percentage of proceeds used on payroll costs, and their ability to rehire employees.