TREASURY EXTENDS SAFE HARBOR PERIOD TO MAY 18

There has been a question about what “needing” the PPP loan/grant means.  The PPP loan/grant was designed to help businesses who were financially suffering from the COVID pandemic and needed the funds to continue operations.  Some very large corporations who received the grant did not feel they met that standard and returned the money.  If you are one of area businesses who applied for the PPP and you have gazillions in your bank accounts and didn’t really need the money to continue your operations, you may return the money without questions by May 18.  PPP SPECIFICS