As part of the American Rescue Plan Act (ARPA), the Small Business Administration (SBA) set aside $28.6 billion dollars for a grant program called the Restaurant Revitalization Fund (RRF). The RRF was designed to bring aid to restaurants, bars, and other “eating...
The American Institute of CPAs (AICPA) has created a loan forgiveness calculator (excel spreadsheet download) for the Paycheck Protection Program (PPP) to help resolve outstanding issues with the process.The calculator is based on existing PPP guidance from the...
On Friday May 15th, in consultation with the U.S. Department of the Treasury, the Small Business Administration (SBA) released an application for Paycheck Protection Program (PPP) loan forgiveness. The application includes detailed instructions on how to complete the...