Ever since the CARES Act created a new program within the Small Business Administration's ("SBA") 7(a) Loan Program called the Paycheck Protection Program (PPP) earlier this year, thousands of business have been preparing to seek loan forgiveness for the amounts received under the program.
Lalchandani Simon advised numerous Florida businesses in obtaining funds under the PPP and is now advising its clients on seeking loan forgiveness under the program.
Contact us now for guidance on all steps of the forgiveness process, including:
1. Being Aware of Deadlines to Submit Application
2. The Need to Properly Use All Loan Proceeds to Seek Forgiveness
3. Gathering Needed Documentation
4. How to Submit Application to Your Lender
5. Selecting the Covered Period
6. Calculating Your Eligible Payroll Costs
7. Calculating Your Eligible Non-Payroll Costs
Contact Lalchandani Simon For More Information
For more information on whether you are eligible for loan forgiveness under the PPP, please contact Lalchandani Simon PL at INFO@LSLAWPL.COM or call at (305) 999-5291.