11 Sep Fuller Lowenberg Prepares for PPP Loan Forgiveness
Fuller Lowenberg, CPAs has successfully helped over 160 businesses secure approximately $45,000,000 in Paycheck Protection Loans. Although most banks are not yet accepting PPP Loan Forgiveness applications, we are preparing for when they start processing applications. We have set-up a specialized PPP Department within our firm which will review our clients’ PPP loan forgiveness applications.
While we anticipate many clients will gather the necessary documents and complete the application on their own, we are fully prepared to help those that may need more assistance from beginning to end. We are here for our clients that need us to review their application and documents or answer any questions and provide guidance along the way. Our team of CPAs are ready to assist in either case once the forgiveness applications begin to be accepted.
We continue to follow the proposed COVID-relief measures in case the forgiveness rules change once again. There is still discussion that a more streamlined forgiveness application will be implemented for smaller loans. If you have any questions at all, please do not hesitate to reach out to us.