The Economic Aid Act made important changes to the PPP program – expanding eligibility and reopening the program for new borrowers, allowing some borrowers to receive a second loan, expanding the uses for loan proceeds, and creating a streamlined loan forgiveness processes for loans of $150,000 or less. All of these changes can be challenging to keep up with. We have summarized them in our Updated PPP Guidance to help you navigate the loan process. If you are ready to apply for forgiveness our interactive Nine Step Guide to Loan Forgiveness will walk you through the process step-by-step including which application you should use and how to do all the calculations you will need.
