SBA Approves the Pastoral Housing Allowance for PPP Loans

After weeks of uncertainty surrounding the Minister's Housing Allowance for Paycheck Protection Program loans, the U.S. Small Business Administration (SBA) states in a Frequently Asked Questions report that it has approved the inclusion of the minister’s housing...

Documentation for PPP Loan Expenditures

As of now, it is unclear what specific documentation will be required when you approach your bank to request forgiveness of your PPP loan. Unless the SBA follows up with more guidance, individual banks could have different standards when it comes to documentation...

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