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If Your Local Had Annual Gross Receipts of  Form

If Your Local Had Annual Gross Receipts of Form

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hi everyone steven lee here late last night the sba released additional guidance in regards to second draw ppp applications the actual guidance they released is related to how to calculate and prove the minimum 25 decline in gross receipts test okay so they release additional guidance in regards to how do you prove that minimum 25 uh drop in gross receipts including major changes to the time periods you can use for the gross receipts test this additional guidance was really helpful because there are a lot of new business owners out there and new business owners we're going to define as they started the business either in 2019 or early 2020 and they qualified for the second try application but in terms of how to prove the drop in the gross receipts test that type of guidance was not released until last night so in this video i'm going to be covering the following three most important updates for pvp second draw applications the first is what period can be used to calcula

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