Lisa Simpson | Source | Director, Firm Services at American Institute of Certified Public Accountants...
Lisa Simpson
Director, Firm Services at American Institute of Certified Public Accountants (AICPA)
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That's great news for those who were eligible and were able to get loans in the first round of the program. You can correct the amount of your loan if your loan amount was underfunded and it came about that you could have gotten a larger loan because of the change in guidance.
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Hotels, restaurants to get larger PPP loans
The second round expands eligible uses to cloud computing and other operational expenses as well as essential supplies.
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American Institute of Certified Public Accountants (AICPA) (https://www.aicpa.org/)
Director, Firm Services