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PPP Guidance: Timeline for Forgiveness - What do you need to know?

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Автор: Financial Tech Lab by Clara CFO Group

Загружено: 2020-12-11

Просмотров: 1348

Описание: Do you know when you're going to start your #PPP loan forgiveness application?

From date of disbursement to forgiveness, here's the PPP timeline that #smallbusiness owners have to work with.

8 week covered period? 24 week covered period? Let's break it down.

❗️ Important: If you wait past 10 months after your covered period, you might have to start repaying your loan until you apply for forgiveness.

This clip originally aired at a workshop hosted by The CFO Leadership Council as sponsored by Upside Financial.

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(As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases)

To learn more about how Upside Financial can help with PPP forgiveness, visit https://upsidefinancial.com/

Hannah Smolinski is a #CPA and the Founder of Clara CFO Group.

Find out more about Clara CFO Group at https://claracfo.com/

Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.

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PPP Guidance: Timeline for Forgiveness - What do you need to know?

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