![[Webinar] PPP 2021 Program – Updates on Loan Applications, Rule Changes, Eligibility, Forgiveness, and Interaction with ERTC](https://www.krostcpas.com/wp-content/uploads/Webinar_-PPP-Second-Draw-Program-–-Rules-for-Eligibility-and-Forgiveness-2.jpg "[Webinar] PPP 2021 Program – Updates on Loan Applications, Rule Changes, Eligibility, Forgiveness, and Interaction with ERTC")
The PPP loan program is evolving fast with new rules on Second Draw applications, including a 2-week pause on companies with 20 or more employees and new calculations for sole proprietors. In addition, both the lenders and the SBA are reviewing, rejecting, and putting holds on many applications because of API errors, compliance failures, and Read the full article…
Eligible Employers Eligible employers can receive a refundable payroll tax credit of 50% of wages paid to employees between March 13th, 2020 and December 31st, 2020. An eligible Employer may not receive the Employee Retention Credit if the Eligible Employer receives a Small Business Interruption Loan under the Paycheck Protection Program that is authorized under Read the full article…
![[Updated] PPP Budgeting and Forgiveness Tool](https://www.krostcpas.com/wp-content/uploads/Updated-PPP-Tool-1.jpg "[Updated] PPP Budgeting and Forgiveness Tool")
Our PPP Budgeting and Forgiveness Tool has been updated to conform to new rules and updates from the SBA, including the new categories of covered expenses. KROST’s PPP Budgeting and Forgiveness Tool allows you to budget and plan the use of PPP loan proceeds, on a month-by-month basis, to optimize forgiveness. This includes detailed staff Read the full article…
