Many churches received PPP funding at the end of April or the beginning of May, which means that the end of June was the end of the eight-week forgiveness period. As we announced two weeks ago, the timeline to utilize funds was expanded. Still, many churches and ministries have informed us that they have already utilized the funds that were provided. If that is the case, we recommend you go ahead and move forward with the forgiveness application.
There is no reason to wait until the time period lapses to move forward with your forgiveness application. If the funds have been allocated and utilized, you are ready to provide the receipts and payroll information required to receive forgiveness.
If you have any questions about loan forgiveness or need assistance in applying for forgiveness, please contact our office at 888-233-6255 or by email at firstname.lastname@example.org to set up a coaching session.