Dear WZ Clients, Business Associates and Friends,
Small businesses still have until August 8, 2020 to apply for potentially forgivable loans via the Paycheck Protection Program (PPP), which was extended from its original June 30, 2020 deadline.
While a second PPP is under consideration in the Continuing Small Business Recovery and Paycheck Protection Program Act, part of the HEALS Act in the Senate, it’s more restrictive and the available amounts are smaller. The law’s adoption is far from certain, but it does at least set the minimum provisions around the negotiations in Congress for a second PPP.
For more information regarding the application deadline and process, follow the link below:
Small Business Administration
AS ALWAYS, WAGNER & ZWERMAN IS HERE TO ANSWER ALL OF YOUR QUESTIONS AND CONCERNS. WE ARE ALL IN THIS TOGETHER.
STAY SAFE AND HEALTHY
** IF YOU HAVE MISSED ANY PREVIOUS WZ COMMUNICATION IN REGARDS TO COVID-19, PLEASE REFER TO OUR WEBSITE
Best,
WZ Partners