New Round of Funding for PPP Protection

Posted by Jack Craven CPA on Fri , Jan 08 , 2021

On December 27, 2020, President Trump signed  the “COVID-19 Relief Bill”.  This is the latest round of stimulus legislation and is quite possibly the largest piece of legislation ever passed, totaling over 5,000 pages. While there are many key provisions under this omnibus legislation that ar

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Topics: PPP

Have you Received a SBA Loan Necessity Questionaire?

Posted by Jack Craven CPA on Thu , Dec 10 , 2020

.SBA is reviewing all loans of $2 million or more, for eligibility, fraud or abuse, and compliance with loan forgiveness requirements. As part of this process, SBA is providing a Loan Necessity Questionnaire to lenders for them to provide to PPP borrowers teceived loans of $2 million or more. 

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Topics: SBA Loans, PPP