The Latest News for Georgia's Family Child Care Providers

Search

Did you receive a PPP loan?

If you received a PPP loan, remember to apply for loan forgiveness.

From www.sba.gov:

Borrowers may submit a loan forgiveness application any time before the maturity date of the loan, which is either two or five years from loan origination. However, if a borrower does not apply for loan forgiveness within 10 months after the last day of the borrower’s loan forgiveness covered period, loan payments are no longer deferred and the borrower must begin making payments on the loan. For example, a borrower whose covered period ends on October 30, 2020 has until August 30, 2021 to apply for forgiveness before loan repayment begins.

Contact your lender to be sure you complete the correct form in a timely manner. Reach out through this website's Ask Me feature if you need assistance with your loan forgiveness application!

6 views

Recent Posts

See All

To our family child care provider community: In the midst of this crisis, we know you are doing your best. We are trying our best too, and we appreciate your patience.

  • Facebook

©2020 Professional Family Child Care Alliance of Georgia, Inc.