Episode 251: Dave Haase provides update on latest Paycheck Protection Program guidelines

April 1, 2020

Note: This episode recorded April 1, 2020. The guidelines on the Paycheck Protection Program are evolving daily.

For the latest news, visit:

https://www.umbrex.com/resource/paycheck-protection-program-and-sba-eidl-loans/

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Dave Haase runs Peninsula Accounting, which offers bookkeeping, tax preparation, and payroll services to small businesses.

Dave’s firm is working with ~100 of their clients this week to prepare applications for the Paycheck Protection Program, and in this episode we discuss that program as well as the SBA EIDL loan.

Regarding the PPP we cover:

The latest guidelines from the U.S. Treasury

The draft application form

The information you need to pull together to apply

How much will your business qualify for?

How does the loan forgiveness work?

Can you apply for the loan through more than one bank?

Regarding the SBA EIDL we cover

Documents you’ll need to apply

How to apply

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The U.S. Treasury application form for the PPP is here:

https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Application-3-30-2020-v3.pdf

Contact Dave at:

dave@peninsulaaccounting.com

https://www.peninsulaaccounting.com/services-overview