Financially Simple

In episode 276 of Financially Simple, Justin looks at the Paycheck Protection Program Loan Forgiveness Application. With the ongoing COVID-19 pandemic, new legislation is in the works to help Small Business Owners keep their business running. Justin goes over the PPP Loan Forgiveness Application, step-by-step, to help Business Owners understand how it works and how to fill it out. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 02:05 - The PPP Loan Forgiveness Application 03:39 - Modifications to the Cares Act 07:34 - Exceptions 09:28 - Cover Period 11:05 - How the Calculation Works 13:08 - Compensation 16:51 - Other Types of Obligations 17:52 - The Calculation 20:43 - Documentation 24:26 - Unable to Operate 25:10 - Summary   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Subscribe to the Financially Simple Newsletter Ask Justin a Question NEW Book: The Ultimate Sale - A Financially Simple G