Restaurants and hotels received $81 billion in Paycheck Protection Program (PPP) loans in 2020 and 2021. While these emergency loans helped sustain many small businesses and their employees during the COVID-19 pandemic, loan forgiveness is essential to ensure restaurants are not burdened with more long-term debt. In this webinar, experts discussed:
• What top lenders and banks are looking for when approving PPP forgiveness
• How to prepare a forgiveness application for first and/or second draw PPP loans
• When SBA expects businesses to apply for second draw PPP loans
And more!
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