BWTP wants to keep you informed of potential changes in the PPP Loan Program. The following description of legislation that passed the House must now go to the Senate before it is final, but it appears that changes may be forthcoming.

Individual income tax returns normally due on April 15th have been automatically extended until July 15th due to difficulties brought on by COVID-19. We’re including a few additional reminders concerning income tax due dates.

Over the weekend, the SBA released the Paycheck Protection Program (PPP) Loan Forgiveness Application. While the application is not the full guidance we have been awaiting, it does give us significant insight into the direction the SBA is headed with forgivable expenses as well as the