Victory Tax Consultants Inc

BREAKING NEWS!!!! SBA COVID-19 EIDL DISASTER LOAN HAS RE-OPENED!! APPLICATIONS ARE CURRENTLY BEING ACCEPTED. HURRY AND SUBMIT YOUR APPLICATIONS BEFORE IT CLOSED BACK UP.... click here to apply: https://covid19relief.sba.gov/#/

I Think You Should Know!! If you borrowed before today, June 5, 2020, you will need to opt-in to the new 24 week period New borrowers (anyone funded after June 5, 2020) will be automatically enrolled in the 24 week forgiveness period The payback period for PPP loans has extended from 2 years to 5 years... At least 60% of PPP funds must be spent on payroll costs (this threshold was previously 75%) or no part of your loan will be forgiven The timeline to use PPP funds has been extended to 24 weeks, but may not extend past December 31, 2020. If you have not yet applied for a PPP loan, now is your time to act. The deadline is June 30, 2020. Apply now. See more