MPL General Counsel Corner – PPP Forgiveness FAQ released; Another Stimulus Bill On the Horizon?

Last night, the Department of Treasury issued the first (likely of many) FAQ on PPP forgiveness.  A good overview was provided by Alan Gassman at Forbes.com.  Check out the chart at the bottom of the article for a quick reference guide.

For those that are starting the forgiveness process, below are links to the applications and instructions:

With the constantly changing landscape, I think it is wise to do your research and talk to your professional advisors and mentors.  A few helpful coronavirus resource pages, which contain helpful forgiveness tools, are listed below:

 

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As always, please don’t hesitate to email myself (jsanders@mpl-law.com), Andy Miller (amiller@mpl-law.com), Christian Miller (cmiller@mpl-law.com) or anyone in our office with questions or comments.