11/12/2023 0 Comments Ppp2 gross receipts![]() The SBA and Treasury have ruled that borrowers whose PPP loans already have been approved cannot increase their loan amount based on the new methodology. The interim final rule, titled “Business Loan Program Temporary Changes Paycheck Protection Program - Revisions to Loan Amount Calculation and Eligibility,” revises the maximum loan calculations for sole proprietors who file Schedule C returns, but the change is not retroactive.
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