Paycheck Protection Program Loan Forgiveness – Update as of 4/24/2020

Dear Clients –

We hope this message finds you well and in good health as we continue to contend with the Coronavirus and its many challenges. To keep our business clients informed of the fast-moving changes in various stimulus programs, we recently posted an update to our website on clarifications and best practices related to the Paycheck Protection Program Loan Forgiveness. Please click here for a link to that article. While we are still waiting on SBA guidance on the specifics of debt forgiveness, these perspectives represent our current interpretation of the CARES bill and will be updated as more information becomes available.

As always, please reach out to your Davie Kaplan client service team if you need any assistance. We are here to help!

Very Truly Yours,

DAVIE KAPLAN, CPA, P.C.

                                                     

Jennifer R. Jones, CEO                                                          Scott M. Kogler, President