Technical Bulletin: No. 2021-04-1: Treatment of PPP Loans

Technical Bulletin: No. 2021-04-1: Treatment of PPP Loans

Arlington, Va., April 13, 2021 – Beginning with the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 through the American Rescue Plan Act of 2021, the US Congress has appropriated more than $960 billion in funding for the Paycheck Protection Program (PPP) loans through four separate bills.[1] This unprecedented program, administered by the US Small Business Administration (SBA) and designed to aid American small businesses, is scheduled to end on May 31, 2021. READ MORE HERE

URL link to full story
https://fonadvisors.com/news/insights/431/
Media Contact
Jouky Chang
571.842.1800
Comments are closed.