SBA Revises Loan Calculation For Schedule C Filers, Issues Separate New Forms For First and Second Draw Loans
By Robert Jackson, CPA Thursday, March 4, 2021 The Biden administration released a statement last month indicating that there would be changes to the PPP loan program – which included an exclusive 14-day application window for businesses and certain nonprofits with less than 20 employees. Possibly the most anticipated change in that release – was …