COVID-19 - Paycheck Protection Program Timeline

BKM Sowan Horan has made specific recommendations on the government guidelines for the CARES Act. Scroll down to review the Timeline of the events. Check back here as things frequently continue to evolve. Call your BKMSH team member if we can help you navigate through the crisis.

May 27, 2020

Part 16 – CARES Act – Ask the Experts

A Discussion With The Experts About All Things Related to the PPP Loan Forgiveness Application At this point, one thing has been made very clear with regard to the SBA Paycheck Protection Program – it’s been a long road. It’s pretty incredible what the government has attempted to do to quickly respond to the immediate […]

May 21, 2020

Part 15 – The CARES Act – A Debt or A Grant?

Debt or a Government Grant? The SBA’s PPP loan program is concluding, and the linchpin was the opportunity for full or partial forgiveness if the proceeds were used for payroll and other eligible expenses. The primary terms of the PPP loan provide for a 1% fixed rate loan payable ratably over a 2-year period. We […]

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