Legacy Bank Ppp Loan Forgiveness

Legacy Bank Ppp Loan Forgiveness. At least 60% of the proceeds are spent on payroll costs. Businesses can apply for a second loan whether or not they have requested forgiveness.

Lenders Should Not Report PPP Loan to IRS or to Borrowers from www.gtlaw-legacyadvisors.com

Paycheck protection program user center (legacybank.com) 1 comment 100% upvoted log in or sign up to leave a comment log in sign up sort by level 1 thanswer3 The sba launched its own ppp forgiveness portal last year in an effort to streamline the forgiveness application portion for ppp loans of less than $150,000. Businesses can apply for a second loan whether or not they have requested forgiveness.

Read more