The North Carolina Forestry Association would like to share a recent update from the Small Business Administration (SBA) regarding the COVID-19 paycheck protection program. Please take time to review the summary and links below.
SUMMARY: Late last night the U.S. Treasury Department released their “Final Borrower Application Form” for the Paycheck Protection Program application. This form has been slightly modified from the original form that most have filled out, and may have already submitted to their bank. As of this morning, the SBA’s website has the same form up, implying that this will likely be the actual application you will need to fill out to submit to your bank today.