LGT's Profit Sense

The Small Business Administration has introduced a third forgiveness application to the Paycheck Protection Program.  Late in the day on October 8th, the SBA released Form 3508S, which is an application suitable for small businesses with PPP Loans of not more than $50,000. 

The Paycheck Protection Program has provided crucial relief to small businesses affected by the COVID-19 pandemic.  While the Program provided timely relief to businesses across the country, the swift implementation of such comprehensive legislation has left some business owners with unanswered questions.