In this video, I talk about the PPP Loan Second Draw Application! The Department of treasury released the 2nd draw application last week (link below) as well as an IFR. I will make another video on the IFR and the things that were discussed there regarding how gross receipts are calculated, but this one is based on some more specifics regarding the PPP 2nd draw.
PPP 2nd Draw Application:
PPP Recent Interim Final Ruling:
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This video is for entertainment purposes only. The information portrayed in this video should not be considered as tax or legal advice. Consult with your own tax professional and attorney to get proper advice for yourself.