PPP Loans 2.0 – Will You Qualify for Funding?

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As the coronavirus pandemic rages on, many businesses and organizations continue to experience a painful cash crunch – in some cases putting the entity’s survival at risk. On December 27, 2020, the president signed the Consolidated Appropriations Act (CAA) to provide additional relief measures, including a second round of Paycheck Protection Program (PPP) loans. The CAA also allows businesses to take a tax deduction for ordinary and necessary expenses paid from PPP loan proceeds.

There are many questions surrounding this new round of relief measures, and Barnes Dennig offers a simple process for second-draw PPP loans. We’ve developed a 2.0 Quick Test to help you determine if you may qualify for this new round of PPP funding.

TAKE THE QUICK TEST

Once you’ve taken the Quick Test, a member of our COVID-19 Advisory Team will review your responses and contact you with recommended next steps.

Barnes Dennig COVID-19 Advisory Team

What Our Clients Say

“The support during the COVID-19 and PPP Loan has been exceptional. Thank you for your expertise and support of our accounting, tax, and audit needs.”

– Barnes Dennig Client, 2020

“It was challenging to decipher all the government benefits in relation to COVID-19. Our Barnes Dennig representatives took time to meet with us on several occasions to explain the options and provide their deep analysis, so we could make the best decisions for our organization.”

– Jen A., Business Operations Director

“Always quick on email response but also reached out in the midst of COVID to see how our business was doing and provided details on the PPP loan.”

– Barnes Dennig Client, 2020