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We are getting our first look at the first draft of the Loan Forgiveness Application.
Hello all,

Late Friday the SBA & US Treasury released a little weekend reading material.  We are getting our first look at the first draft of the Loan Forgiveness Application.  I mention "first draft" only because we saw multiple versions of the initial application so there is a chance this is not final.

We are going to take a little more time to put together a webinar on this one as there are plenty of open items we hope to see clarified prior to filing applications for forgiveness.  We have not been given the date when applications will be able to be submitted but can only assume it will be after June 30th. If you have been following our guidelines and calculator tracking process thus far then you will be in good shape in terms of having the necessary data to submit your application for forgiveness. 

Stay tuned for a more comprehensive review of the application later this week.

As always, thank you for your continued support.  We hope many of you are starting to get a glimpse of what business may hold in the coming months.  We will continue to be available to support you as all of our worlds continue to evolve.

Tim
 
 
 

Tim Petrey, CPA, CGMA
Managing Partner
HD Davis CPAs,LLC
330.759.8522 ext. 103









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