Obermayer (Pennsylvania): Paycheck Protection Program – Loan Forgiveness

FIRST PUBLISHED ON 04.15.2020 – From the initial real estate purchase to completing construction, the entire real estate industry has been hit hard by the economic downturn caused by COVID-19. Some of the new relief bills have helped, especially the Paycheck Protection Program (PPP) of the CARES Act. For those small businesses who have received SBA loans under the PPP, the next challenge will be figuring out how much of that loan will be forgiven. MORE.

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