Dear Valued Client,

As you know, we have been working with the SBA and Treasury for final directive on how to precisely offer you forgiveness on your recent PPP loan. We know this information is of most importance to you and your business. In the meantime, we have downloaded additional information into your Newtek secure file vault (portal) as to what you will likely need to prepare.

You might also be aware that Congress (House/Senate), as well as the administration, have been trying to:

• legislate a simpler form of debt forgiveness on existing PPP loans
• while trying to legislate a new second PPP program which some of you may be able to participate

Please keep in touch with us through your portal and lending specialist as we position your company for your request, as well as the opportunity (if applicable) to obtain additional funding through the second potential round. For any questions, contact us as info@newtekone.com, and thank you again for your valued partnership.
 
Newtek Small Business Finance