If you’ve applied for and received a Paycheck Protection Program (PPP) Loan, you likely did so with the intent of applying for loan forgiveness. The actual process to receive forgiveness has never fully been explained. At least that was the case until the SBA officially released its PPP Loan Forgiveness application just a few days ago.
Cash flow management in a crisis is absolutely vital. It can mean the difference between stabilizing your business or falling behind. To gain control, you need to focus on operational activities that put cash in your hands.