The Paycheck Protection Program or PPP has changed multiple times due to the ongoing pandemic and ever-changing climate for small businesses. Starting this Wednesdays February 24, 2021, President Biden has ordered a two-week window that only business with less than 20 employees may file for PPP funds. It is believed this will help address small business needs to help better secure funding and not be overshadowed by larger business. The window is small, so your business needs to move quickly once these changes take place on February 24, 2021. This window of opportunity should help many small businesses around the country and in California quickly have their application reviewed and funded.
K & S Law Group located in Orange County, California can help assist you in your PPP application, business tax return filing, audit representation, and tax advice and compliance needs. Our office is centrally located at 1301 Dove Street in Newport Beach, California. If you require assistance in filing for PPP or EIDL loans or other business needs call our office at (800) 982-3880.