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Loan Forgiveness: Helping Clients Understand PPP Loan Forgiveness
The CARES Act included several provisions to help individuals and businesses mitigate the financial impact of the COVID-19 pandemic. One provision for businesses was the PPP (Paycheck Protection Program) loan program. There have been some updates to the program, including the loan forgiveness provisions. In this blog post, we discuss exactly what loan forgiveness is and how clients can benefit from the program.