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CCC 633 EZ Loan Deficiency Payment LDP Agreement and Request Form

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CCC 633 EZ Loan Deficiency Payment LDP Agreement and Request Form

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welcome back to the clara cfo group channel today we're going to talk about the new rules specifically for sole proprietors who are eligible for a ppp loan and how to calculate that loan based on gross income so this is the basically the guidance we've been waiting for last week i'm recording this on march 3rd last week president biden uh put out an executive order basically stating that the way that sole proprietors are going to be calculating their ppp loans is going to be changing and we've all just been sitting around waiting for the sba to issue guidance on exactly what that means and how we calculate it and what needs to be included what needs to be excluded and so here we are we finally got guidance today it was posted this afternoon my time and i've gone through it and we're gonna talk through it there are new applications so if you have not gotten a ppp loan we need you need to pay attention because there's actually appli

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