Podcast
Learn about the guidance that has been issued relating to the Economic Aid Act passed at the end of 2020 that impacts PPP loans, 2nd draws of PPP, Unemployment, forgiveness, and Covid Pay.
Another round of PPP funding has been approved, but this one has a reduction in gross revenue threshold in order to be applied for. This video shows you how to run a report that will show your gross revenues by quarter verses the same quarter in the previous year. This will allow you to see the percentage change (at least 25% decrease) to determine if you qualify for applying for the new round of PPP funds. Covering both the QB desktop and QB online process, this quick video will give you what you need as the first step for determining qualification.
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