Additional FAQs About PPP Loan Forgiveness

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Additional FAQs About PPP Loan Forgiveness

The U.S. Small Business Administration (SBA) has published additional guidance for borrowers seeking loan forgiveness for Paycheck Protection Program (PPP) loans. An updated list of FAQs outlining the latest guidance is available for download from the SBA website by clicking here.

The latest update addresses concerns about how payments of fees to an agent may affect loan forgiveness (it does not); and whether or not qualifying payments made for group health care benefits can include vision and dental benefits (they can).

PPP loan forgiveness rules continue to evolve and change. For help in keeping up with your PPP forgiveness application or the latest PPP information, please contact Gray, Gray & Gray at (781) 407-0300.

Gray, Gray & Gray Coronavirus Response and Resource Page

As Coronavirus continues to impact our daily lives, including the way in which we conduct business, here you will find ongoing updates on Gray, Gray & Gray's response to the outbreak as well as important resources. At Gray, Gray & Gray, we remain committed to helping our clients and friends successfully manage their businesses and individual finances during this challenging time.

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