COVID-19 Update June 11, 2020

We just finished our webinar to review the latest information on the PPP Forgiveness Act signed into law on June 3rd. You can catch the replay here.

Our plan is to hold these webinars every other week at the same time, Thursday at 3 PM central time. The next one will be 2 weeks from today, and I will keep you informed of the content coming soon.

Today’s downloads:

• Joint Statement by SBA and US Treasury – After the original Cares Act, both the SBA and the Department of US Treasury would put out FAQs that would sometimes contradict each other. This is a jointly issued statement about the PPP forgiveness rules. Hopefully, they continue to issue joint answers in the future… and hopefully faster!
• SBA PPP Report– This report issued by the SBA discloses statistics behind the PPP loans given out thus far.
• NFIB Small Business Economic Trends – Great information from the NFIB (National Federation of Independent Businesses) about the current state of the economy and the outlook moving forward.