It is our understanding that the Paycheck Protection Plan (PPP) forgiveness application process may begin in 2 to 3 weeks. PBGW is therefore advising companies to begin the process of communication with their bank regarding their timelines to begin processing PPP loan forgiveness applications. Each bank may have different timelines. PBGW maintains a Cares Act specialty consulting group and we stand ready to help clients and other companies in our marketplace.
We further encourage you to call us at 215-997-6700 with questions as well as additional and ongoing guidance. Additional information can be found on our website at www.pbgw.com including our most recent PPP loan forgiveness calculation spreadsheet (4.2) which can be requested by all clients and other companies.
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