Paycheck Protection Program (PPP) Loan Forgiveness
The next phase of the Paycheck Protection Program (PPP) process is approaching, and we are excited to announce our partnership with Lendio to help process your loan forgiveness application!
You will receive further instruction from Lendio on how to apply for forgiveness when your window is closer to opening.
More information on PPP loan forgiveness can be found HERE.
Ready Capital does not offer tax or legal advice, and this information does not address all provisions of the CARES Act. Ready Capital recommends that borrowers consult their tax advisors and/or legal counsel with questions about PPP eligibility, the CARES Act, and how the borrower’s specific financial situation may impact the advisability of applying for a PPP loan or a borrower’s eligibility to qualify for forgiveness of a PPP loan.