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PPP Lender Guidance Details How Borrowers Apply for a Second PPP Loan

Abrigo

Relevant tax forms, quarterly financial statements, or bank statements are acceptable documentation. All other items, such as subcontractor costs, reimbursements for purchases a contractor makes at a customer's request, investment income, and employee-based costs such as payroll taxes, may not be excluded from gross receipts. .

Taxes 195
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Bridging Banking Gaps For Cannabis Companies

PYMNTS

The American Bankers Association has stated that “we believe the time has come for Congress and the regulatory agencies to provide greater legal clarity to banks operating in states where cannabis has been legalized for medical or adult use.”. It’s about small business loans, mortgages for facilities, and funding for capital improvements.

Company 170