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News from TJS Deemer Dana

𝗣𝗮𝘆𝗿𝗼𝗹𝗹 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗣𝗿𝗼𝗴𝗿𝗮𝗺 𝗟𝗼𝗮𝗻 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝘄𝗶𝗹𝗹 𝗯𝗲 𝗔𝗰𝗰𝗲𝗽𝘁𝗲𝗱 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗔𝘂𝗴𝘂𝘀𝘁 𝟴𝘁𝗵

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If you stayed on the sidelines during the last few months while banks have loaned over $500 billion in potentially forgivable loans to small businesses, you still have a chance to apply!
Congress extended the deadline for Paycheck Protection Program applications to August 8th of 2020 early this month.
 
Congress and the SBA have continued to tweak and interpret the rules in a borrower favorable manner with a 24 week covered period and a 60% payroll requirement.
 
If you have already received a PPP loan, you cannot reapply. Please contact us if you have additional questions.