Updated PPP Rules for Sole Proprietors, Contractors, & New Forms Released

By: Anne Coughlan, BKD CPA’s & Advisors

In February, the Biden administration announced several reforms to the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP). This article provides details on an SBA interim final rule that incorporates those updates, issues several new/updated loan application forms, and updates its frequently asked questions document.

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