Coolidge Wall Co., L.P.A.
Phone : 937-608-9464 | Toll Free : 877-422-0702

Posts tagged "PPP loans"

Small Business Administration Provides Further Guidance on Key Payroll Protection Program Questions

The SBA FAQ PUBLISHED April 6, 2020, (https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequenty-Asked-Questions.pdf) clarifies several issues for which many small businesses and their advisors have been seeking guidance.

Updated Cash Flow Template with New PPP Loan Tracking Tool

The Paycheck Protection Program under the CARES Act offers critical capital to small businesses but has very specific and limited permitted uses. While the loans are potentially forgivable, there are important rules that limit and reduce forgiveness [Key Features and PPP Loans Interim Final Rule]. Coolidge Strategic Advisory Services has expanded its 13-week Cash Flow Projection Tool to include a tool for projecting and tracking use of PPP loan proceeds and optimizing the amount of loan forgiveness [13-week cash flow and PPP loan tracking templates V2 04132020.xlsx - Note: this file will automatically download to your computer into your Downloads files].