Wouldn’t you know it, the SBA changed the Paycheck Protection Program loan application. So the bad news is the applications that were circulated and being used thus far are no longer valid. The good news is the new application is very similar to the old one, simple to complete and is still only two pages long. Therefore, you will need to complete a new application and send it to your local bank in the replacement of the old one. Click here for the new application
SBA has released an “Interim Final Rule”, which provides guidance on the Paycheck Protection Program loan.
Remember to visit our blog page at www.cpawyo.com for updates. Additional information is being posted as guidance is provided by the government.
As always, call or email us with any questions and please be healthy!!