Home

Latest Discussions

  • Profile Picture

    RE: SBA PPP Loan Fees

    Posted in: Executive Community

    We similarly researched the fee accounting options. After discussing with our auditors we opted to amortize over 24 months as the safest and most conservative option. The payoff/forgiveness timeline is just too unpredictable to trust for accounting ...

  • Profile Picture

    PPP fees

    Posted in: Executive Community

    This morning, I heard that SBA has a 12-month clawback on the fees ... just in case they deem the loan borrower unworthy of the PPP loan or identify underwriting errors in that time period. If true, should the clawback delay, or otherwise impact, accounting ...

  • Profile Picture

    Weekly News Roundup

    Posted in: Executive Community

    Facebook entered the world of online shopping, retailers pressed landlords for rent concessions, and another 2.4 million Americans filed for unemployment, bringing the coronavirus total to nearly 39 million. Here's what else you might want to read ...