PPP FORGIVENESS PROCESS BEGINS

Restaurants may soon learn if their loans have become grants. Source: https://www.restaurantbusinessonline.com/ By Peter Romeo Oct. 07, 2020 Restaurants who received funding from the Paycheck Protection Program (PPP) may soon learn if their loans have been forgiven. The U.S. Small Business Administration (SBA) began processing applications for forgiveness on Friday, with some lenders already being…