Advisory Insights, COVID-19

SBA Issues Guidance for New PPP Loan Applications

In anticipation of the revised PPP loan process opening to all lenders on January 19, 2021, the U.S. Small Business Administration (SBA) released procedural guidance for borrowers who wish to reapply for a PPP loan or request an increase to a PPP loan.

See this Journal of Accountancy article for a summary of the procedures and application process detailed in this new guidance. If you have questions or need assistance, please contact Bob Grossman, Don Johnston or Mike Weber at 412-338-9300.

GYF will also present a free webinar on January 21, 2021, that will cover both the ERC and PPP changes under the CAA. REGISTER HERE

Related posts:

SBA Opens New Round of PPP Loans

SBA Issues New Guidance for Next Round of PPP Loans

Don Johnston

Don, a partner in the Tax Services Group, has over 30 years of public accounting experience. He has spent the majority of his career serving the tax and consulting needs of privately-held companies and their owners. Don also has expertise with issues related to business entity formation, transactions and exit planning.

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