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Economic Vitality Committee Agenda and Packet 2020 11 20
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Economic Vitality Committee Agenda and Packet 2020 11 20
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11/16/2020 12:04:57 PM
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City Council Records
Meeting Date
11/20/2020
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Boards Commissions Committees Records
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11/16/2020 10:37 AM
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https://www.sba.gov/sites/default/files/2020-10/PPP%20--%20Loan%20Forgiveness%20FAQs%20%28October%2013%2C%202020%29.pdf
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https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program#section-header-5
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records for the allowable uses under your PPP loan, such as payroll reports, <br />utility expenses, mortgage interest, and rent expenses. <br />For small businesses that took out PPP loans of $50,000 or less, the US <br />Small Business Administration (SBA) has confirmed that the deadline for <br />PPP loan forgiveness applications is not October 31 as originally expected <br />and will instead depend on loan maturity dates. Using the maturity date as <br />the deadline for the loan forgiveness application, it may be either two or five <br />years from the loan origination date. You should check the terms of the loan <br />agreement and consult your lender. <br />PPP loan forgiveness are available now. Check the site to determine which <br />you are required to submit. <br />Our mailing address is: <br />City of Louisville <br />749 Main Street <br />Louisville, CO 80027 <br />Want to change how you receive these emails? <br />You can update your preferences or unsubscribe from this list. <br />Agenda Packet P. 25 <br />
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