There has been a lot of confusion the last two months on how funeral homes can have their Paycheck Protection Program (PPP) loan forgiven. On June 5, 2020, a revision was passed that changed the rules in a positive way and made it easier to qualify for forgiveness.
On this episode, we invited Tim Bridgers from Live Oak bank to explain the most recent changes, why they were necessary, and how funeral homes can position themselves.
- What changes were made
- Why the changes were necessary and how they benefit funeral homes.
- How you can prepare for loan forgiveness
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