Don’t forget to do THIS if you got PPP loans…
Did you receive funding in the first or second rounds of the Paycheck Protection Program? If so, our senior accountant Hieu Nguyen has a reminder for you in today’s video!
Whether you’ve already received forgiveness for the first round of PPP loans, or this is your first PPP, it’s important that you don’t forget to apply for forgiveness.
Once you receive the funding, you have 24 weeks to utilize the money from the date the funds came into your business bank account. After that, you have ten months to apply for forgiveness to convert the loan into a grant.
If you need help applying for PPP forgiveness, you can get in touch with our PPP team!