The IRS and the SBA have updated the PPP loan forgiveness FAQs last week as of August 4th. While the Small Business Administration officially opened its forgiveness portal to lenders August 10th, many lenders will likely wait to accept and process applications because of the potential for shifting guidance, new legislation and a desire to fully prepare for a flood of applications. Please check with your specific lender.
Please Click Here for Update
Stay safe and well.