We go beyond the numbers by delivering insight, guidance and success for our clients.
SBA Extends Safe-Harbor Period to May 18th
for Returning PPP Funds
The U.S. Treasury and Small Business Administration (SBA) released additional guidance on Paycheck Protection loans and has extended the safe-harbor period for returning PPP funds from May 14th until May 18th, 2020.

New guidance was set forth in the Paycheck Protection Program Loans  Frequently Asked Questions #47 . This deadline extension is automatic and borrowers do not need to apply for it. 

The SBA's initial deadline for returning funds was intended for companies that received PPP funds but later found that they were unable to certify in "good faith" that their PPP loan was necessary.

If you have questions about the Paycheck Protection Program, 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.

Like us on Facebook    Follow us on Twitter    View our profile on LinkedIn     View our videos on YouTube   Visit our blog

(781) 407-0300 

The information contained in this communication (including any attachments and/or re-directs  to other online sources) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code. 

Copyright © 2020. All Rights Reserved.