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Do you have a link for this? The stuff on sba.gov doesn't mention the forgiveness portions of these loans anywhere I can find, so the only info I've seen is sum
by ac29 7y ago
Do you have a link for this? The stuff on sba.gov doesn't mention the forgiveness portions of these loans anywhere I can find, so the only info I've seen is summaries provided by news media.
There are various covid-19 related programs on sba.gov, but none of them seem to exactly match how the news has described them, and I think one could easily apply for the wrong type of loan assuming it would be forgiven and end up on the hook for the full amount.
- avalys 7y agoHere is a link to a description from my CPA (I know their site looks like shit, but they are legit). https://wcginc.com/blog/paycheck-protection-program/ https://wcginc.com/blog/paycheck-protection-program/ It is called the “Paycheck Protection Program.”