Broker Check
(708) 748-7094
Account Access
Second Round of Forgivable PPP Funds, Now Available

Second Round of Forgivable PPP Funds, Now Available

January 28, 2021
Share |

The window is open to apply for the second round of PPP loans (January 13, 2021, until March 31, 2021).  Please call (Ashton 708.748.7094) or email with questions about eligibility.

 

KEY TAKE-AWAYS:

Eligibility:  300 or less employees and can demonstrate a 25% or greater loss in any single quarter in 2020 as compared to the same quarter in 2019.

 Loan Amount:  Up to 2.5x 2019 or 2020 payroll costs.  Additional amounts available for Food and Accommodation businesses.

 Fully forgivable when used for 60%+ payroll costs and other eligible expenses.

For full details visit:  https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program/second-draw-ppp-loans

To get matched with a lender:  https://www.sba.gov/funding-programs/loans/lender-match

Contact

Office: (708) 748-7094

Fax: (708) 433-5398

19900 Governors Drive

Suite 101

Olympia Fields, IL 60461

kathryn@khacpa.com

Quick Links

Check the background of your financial professional on FINRA's BrokerCheck.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.

Copyright 2023 FMG Suite.

Avantax affiliated financial professionals may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.

Securities offered through Avantax Investment Services℠, Member FINRA, SIPC, Investment advisory services offered through Avantax Advisory Services℠, Insurance services offered through an Avantax affiliated insurance agency.

The Avantax family of companies exclusively provide investment products and services through its representatives. Although Avantax Wealth ManagementSM does not provide tax or legal advice, or supervise tax, accounting or legal services, Avantax representatives may offer these services through their independent outside business.

This information is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation.

Content, links, and some material within this website may have been created by a third-party for use by an Avantax affiliated representative. This content is for educational and informational purposes only and does not represent the views and opinions of Avantax Wealth ManagementSM or its subsidiaries. Avantax Wealth ManagementSM is not responsible for and does not control, adopt, or endorse any content contained on any third-party website.