GRANTHAMPOOLE ARTICLES

Your Business Got a Paycheck Protection Program Loan! Now What?

Recipients of PPP loans have 8 weeks from the date of funding to spend the loan on specific allowable expenses if they want to benefit from the program’s forgiveness provisions.   Taking care of some details on the front end will surely help with...

Paycheck Protection Program Loans Subject to Scrutiny

Two aspects of the PPP loan program have made it extremely popular. First, the opportunity for most or possibly all of the loan to be forgiven and second, significantly less documentation and proof of need being required from the borrower supporting how...

Paycheck Protection Program and Loan Forgiveness

If you are one of the fortunate businesses to receive a Paycheck Protection loan from the SBA in the first round of CARES Act funding, you have cleared a major hurdle in sustaining your business during an uncertain time. Now, the task of securing loan...

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