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Sep 23, 2020
Posted Under: COVID

The SBA is processing very few PPP loan forgiveness applications and banks across the nation are waiting to hear from congress. There is increasing pressure on congress to automatically forgive loans less than $150,000, but it is unclear when and if that will happen. Most banks in Alaska are not accepting PPP loan forgiveness applications. That being said, when the banks are accepting the applications – you’ll want to understand the process. To that end, the SBA Alaska District Office is hosting free webinars on September 23 & September 30 from 1:00-3:00 pm to review PPP loan forgiveness, including an overview of the forgiveness requirements, a walkthrough of PPP forgiveness applications, and the appeals process. Register here.