The House of Representative and Senate have now passed the bill that amended PPP Loan forgiveness qualifications. It now heads to the Presidents desk for a signature. This bill reduces the amount required to be used for payroll from 75% to 60% and extends the 8 week original ending period (from the date of PPP compensation) till December 31, 2020. Please contact us if you need any accounting help as we are keeping our clients updated on all the changes. Debbie, Julie, Donna & Liz at 904-242-2664. We are returning to the office on Monday June 8, 2020 and are available for appointments with requirements for face masks and practicing social distancing. We also offer a free consult for all new clients and are providing virtual consults by Zoom.
PPP Loan Forgiveness Program
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