Jimmy LaRose - Global Cause Entrepreneur

June 15, 2020

New Application PPP Nonprofit Loan Forgiveness Charity

Revised PPP Nonprofit Loan Forgiveness Application – June 18, 2020

New Application PPP Nonprofit Loan Forgiveness overviews everything you need to know about the revised PPP Loan Forgiveness Application Form PLUS the newly issued Form 3508EZ. REVISED PPP LOAN FORGIVENESS APPLICATION FORM – JUNE 16 – DOWNLOAD HERE PPP LOAN FORGIVENESS APPLICATION FORM 3508EZ – JUNE 16 – DOWNLOAD HERE On June 5th, President Trump signed the Paycheck Protection Program Flexibility Act of 2020, which made significant changes to the PPP program. The Bill he […]

May 31, 2020

Charity PPP Loan Flexibility Act – Seven Things Nonprofits Need to Know

Charity PPP Loan Flexibility Act – Seven Things Nonprofits Need to Know is INSIDE CHARITY’s review of the new Paycheck Protection Program Flexibility Act which “attempts” to ease restrictions on charities as they seek loan forgiveness under the Paycheck Protection Program authorized by the CARES Act. While there is optimism in Washington that this new bill will reach President Trump’s desk for signature, there is no guarantee of when or if this may happen. And, until […]

May 28, 2020

Nonprofit PPP Flexibility Act Passes House – May 28, 2020

Nonprofit PPP Flexibility Act celebrates the U.S. House of Representatives bipartisan legislation passed today to give nonprofits more flexibility with the loans they received to keep their charities afloat. The Paycheck Protection Program (PPP) Flexibility Act of 2020 passed with a 417-1 vote and now heads to the Senate (WHERE IT IS EXPECTED TO PASS!) “Millions of nonprofit organizations in this country are one step closer to meaningful relief,” Rep. Dean Phillips, D-Minn., and Chip Roy, […]

May 22, 2020

Nonprofit PPP Forgiveness May Be Harder To Receive Than Original Loan

Nonprofit PPP Forgiveness May Be Harder To Receive Than Original Loan is Inside Charity’s update on what nonprofits will face in the next days and weeks regarding the CARES Act. Banks are preparing for a flood of applications from nonprofits for loan forgiveness marshaling staff to help charities navigate a complicated process that recalls the confusing early days of the relief effort. Nonprofits that received PPP funding in early April can start to submit forgiveness […]