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Spread sheeting for PPP Monday, June 22, 2020 9:00 a.m. to 10:00 a.m. EDT (60 minutes)Presented by:Alan S. Gasman agassman@gassmanpa.comBrandon L. Patron brandon@gassmanpa.comKevin Cameron KCameron@clvalue.com14

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How to fill out ppp loan updates what

01

Gather all necessary information and documentation required for the PPP loan updates.

02

Log in to the SBA's PPP loan portal using your credentials.

03

Navigate to the section for updating your loan information.

04

Follow the prompts to input the updated information, such as changes in ownership, financial statements, or loan forgiveness applications.

05

Double-check all information for accuracy before submitting the updates.

06

Submit the updates and keep a record of the confirmation for your records.

Who needs ppp loan updates what?

01

Business owners who have received a PPP loan and need to provide updates or changes to their loan information.

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What is ppp loan updates what?

PPP loan updates refer to the information and reports borrowers must provide regarding the status and usage of their Paycheck Protection Program loans as mandated by the Small Business Administration (SBA).

Who is required to file ppp loan updates what?

All borrowers who received a PPP loan are required to file updates to report on their loan usage, particularly those seeking loan forgiveness.

How to fill out ppp loan updates what?

To fill out PPP loan updates, borrowers need to complete the required forms provided by the SBA, detailing the number of employees retained, the loan amounts used for payroll and eligible expenses, and any other required information.

What is the purpose of ppp loan updates what?

The purpose of PPP loan updates is to ensure compliance with the program regulations, track the correct use of funds, and facilitate the loan forgiveness process.

What information must be reported on ppp loan updates what?

Borrowers must report information such as the number of employees retained, the amount spent on payroll costs, eligible non-payroll expenses, and any changes in business operations.

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