Catering boss must read the blue words above
This week the American Institute of Certified Public Accountants (AICPA) and CPA.com released an online tool:
PPPForgivenessTool.com, Small business owners who can apply for PPP loan exemptionIt’s free to use to help you better calculate the amount of exemption and automatically fill in the form.
Although the PPP loan exemption can be applied for until the end of the year, if there are catering owners who have used up the money, we strongly recommend that they can apply for the exemption after using up the money.Don't get together at the end of the year.
The United States has not yet applied for PPP loans or is a restaurant owner who does not know anything about PPP loans. You can refer to our previous series of articles:Full analysis of PPP loans
Image Source PPPForgivenessTool.com
Whether your PPP loan is applied to a bank or a non-bank lender,Any company that has obtained a PPP loan can use this tool for free, and click to read the original text at the end of the article to jump directly to the website.
Catering owners or accountants can use this free tool to get a series of help to apply for loan repayment,Including PPP loan exemption amount calculator, help you fill out the PPP loan exemption application form, and all necessary government forms when submitting loan exemption application.
When using this platform, you first need to enter your email address and you will receive a verification code. After that, you need to write basic information about your PPP loan: such as PPP loan number, number of PPP loans, salary information, etc.
Image Source PPPForgivenessTool.com
After entering the relevant amount, the system will also help calculate it based on the answers you answered the questions and the amount entered.
Finally, you will need to upload related files, and the tool will organize a complete document.
To date, SBA has issued more than US$5,170 billion in PPP loans,Provided support to more than 5100 million jobs to help small businesses struggling to survive the COVID-3490 pandemic. Although the initial $XNUMX billion in financing was used up in less than two weeks,However, fewer small businesses applied for the second round of loans of 3100 billion US dollars.
The complexity of PPP loan exemption application, coupled with a large number of document requirements, has discouraged some small business owners.Even if the government relaxed the requirements for waiver applications in June, there are still more than $6 billion in PPP funds that are still unclaimed.
https://www.forbes.com/sites/advisor/2020/07/22/the-ppp-loan-forgiveness-process-just-got-easier/
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About "North American Meal Exam News"
"North American Meal Exam News" is the sister number of the North American head gastronomy new media "Eating Food Team". It aims to serve North American Chinese food and beverage practitioners and is committed to building a professional service platform for the North American food and beverage industry. We hope to promote the two-way exchange of Chinese and American catering culture, support Chinese food to go overseas, and serve overseas brands in China.
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