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PPP Loan: Navigating the 2nd Draw
The Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan with the same general loan terms. The last day to apply for and receive a Second Draw PPP Loan is March 31, 2021. 2nd Draw Loan Eligibility To be eligible, one must have: Previously received a First Draw PPP Loan and will or has used the full amount ONLY for authorized uses: mortgage costs, property damage, and other operational
Jan 27, 2021


VAAS Pro's Tax Approach to PPP Expenses
The Paycheck Protection Program (PPP), initially created in March 2020 under the first round of federal coronavirus aid, granted small...
Jan 22, 2021


PPP Flexibility Act 2020
On March 27, 2020, President Trump signed the Cares Act which gave financial relief resources for small business owners. Our team gave a live Q&A session for clients, community members, and business owners to help give insights as to what they could from expect from the bill. We invite you to watch our session and view the Q&A transcript below to learn more. This Act brings about new changes that are favorable for small business owners. View the changes below. Coverage Per
Jul 8, 2020


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