NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
The U.S. Small Business Administration has released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less that allows borrowers to self-certify they used the money appropriately and receive complete forgiveness. According to attorney Scott Borsack, a partner at Szaferman Lakind in Lawrenceville, the new loan forgiveness application form (3508S), […]
If you’re one of the 135,203 New Jersey businesses that received a Paycheck Protection Program loan, there’s something you need to know about the online loan forgiveness application: It’s about to change. Attorney Scott Borsack, a partner at Szaferman Lakind, said Tuesday that the new federal Paycheck Protection Program Flexibility Act signed into law June […]
More than 1,000 employers with questions about their Paycheck Protection Program loans tuned into a recent NJBIA webcast with attorney Scott Borsack for the answers, including the latest federal guidance on the esoteric “necessity certification” that could jeopardize loan forgiveness for some businesses. The $670 billion in business loans available under the federally backed program […]
Everything you need in one email.
© 2019 NJBIA. All rights reserved.
New Jersey Business & Industry Association
10 West Lafayette Street Trenton, NJ 08608-2002
Tel: 609-393-7707
