December 27, 2020 President Trump signed a new law that passed new funding sources for Americans and businesses.
2nd round of stimulus money known as Economic Impact Payments of $600
Confirmed that the money we spent our PPP money on is now fully deductible.
PPP forgiveness will no longer be reduced by the EIDL Advance
Simpler forgiveness process is coming
New PPP opportunities
In regards to the last bullet point, I have added a new article to our website explaining the re-opening of the PPP for First Draw Loans and the adding of the PPP Second Draw Loans. Take a few minutes to read my recap and then click on the links to read the details.