Paycheck Protection Program Consultation Services
New Services: Our CPAs at Mercer Island Accountants now offer consultation services for the Paycheck Protection Program including review of loan applications and required accounting documentation. We understand the details to help your small business thrive. Your loan may likely be forgiven. Discover what is available for employer relief through the Coronavirus, Aid, Relief and Economic Security Act (CARES Act) administered by the U.S. Small Business Administration (SBA).
The Paycheck Protection Program (PPP) provides small businesses with loans up to $10 million to pay up to eight weeks of payroll and benefits with 100 percent loan forgiveness if a business sustains its pre-COVID-19 payroll levels through June 30, 2020 (U.S. Treasury Guidelines). Funds are provided in the form of loans that will be fully forgiven when used for payroll costs (60% must be used for payroll), interest on mortgages, rent, and utilities.
To schedule a consultation (via phone orr Zoom), please call our office at 206-281-9444 or email Mimi@mercerislandcpa.com.