If you received PPP funding, how are you planning on applying for forgiveness?
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We still haven't spent ours; its seems like it changes atleast weekley, and probably will many times after the election. Someone told me, "just spend the money", which appears to me, personally, to be very irresponsible, at the very least!
2 Replies
Annette Mayer
from Total Care Pharmacy
Do not just spend the money!! You can only use it as specified in your loan agreement.
Angela Sanders
from Dallas Platinum Partners LLC
You can only receive forgiveness if you spend the money within the covered period for allowable expense categories. You have 24 weeks (unless you elect an 8-week period) from funding date or an alternate start date (within 2 weeks, and only if you have bi-weekly payroll). Keep up with the latest news here: https://dallasplatinumpartners.com/category/new...
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