Getting Your PPP Loan Forgiveness
PBO Advisory Group has been busy assisting our clients obtain PPP loan forgiveness. To date, we’ve helped hundreds of clients from a cross section of industries receive millions of dollars in forgiveness. We appreciate the trust our clients put in us to help get this important job done right.
If you are finding the PPP loan forgiveness process difficult or can’t find the time to complete your application, we’re here to help.
We recommend that you apply for forgiveness as soon as possible. Applications for PPP loan forgiveness for first draw loans (i.e., loans made in 2020) are due 10 months after the end of your covered period or 10/21/2021, whichever is sooner. You can apply prior to the end of your covered period.
Changes have been made to allow for expenses covered by PPP loans to now be tax deductible. And the government has opened up a second draw program, so you may be entitled to additional loan funds. Click here to find out if you qualify.