We have done 3 webinars already on this topic, so this is part 4 after the SBA has released a new set of PPP rules and new guidance on those rules.
Specifically we address:
1. Changes post June 5th related to the maturity timeframe moving from 2 years for payback to 5 years
2. The change from 75% payroll use, to 60% payroll use
3. The extension from 8 weeks to 24 weeks for the payroll period
4. The changes for the timeframe to apply for forgiveness being extended to 12/31
As well as a myriad of other small details.