The U.S. Small Business Administration released two new Interim Final Rules containing guidance on both first-time and second-draw Paycheck Protection Program loans.
Click here to review more information on the following:
- Eligibility-related clarifications for PPP2 loans
- Amount of PPP2 loans
- How to apply for PPP2 loans
- How to apply for forgiveness of PPP2 loans
- Clarifications provided on PPP1 loans
Additionally, your MyATA Service Provider, BKD CPAs & Advisors, provides the following resources:
- Employee Retention Credit: What Businesses Should Know
- PPP as amended by Economic Aid Act
- PPP Second Draw Loans
- PPP Second Draw Borrower Application Form
The ATA will notify members as more information about the Paycheck Protection Program is released. In addition, the ATA will share resources that help members navigate the Covid-19 pandemic, as they become available.
For more information, contact Nathan Fitzgerald, CPA/Director at BKD CPAs & Advisors, at (417) 865-8701, ext. 23097 or nfitzgerald@bkd.com; or Wendy Lang, ATA's senior membership manager at (866) 266-2776, ext. 103 or wendylang@archerytrade.org.
