PPP Loans
Don’t forget to file for your PPP loan forgiveness. A borrower can apply for forgiveness once all loan proceeds for which the borrower is requesting forgiveness have been used. Borrowers can apply for forgiveness any time up to the maturity date of the loan. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred and borrowers will begin making loan payments to their PPP lender.
Employee Retention Credit
Employers can retroactively file for credits for the 2020 year by amending previously filed 941’s for periods in which they qualify for the credit. The credit was also recently extended through December 31st, 2021.
Shuttered Venue Operators Grant
The grant application portal is now open. To submit an application you can visit https://www.svograntportal.sba.gov/s/.
Submit SVO Grant Application
