Many small business owners who participated in the federal Paycheck Protection Program might be ready and able to apply to have their loans forgiven soon — but there are good reasons to delay, an expert cautioned.
Mark Schmidt, CEO of the non-bank PPP lender FundEx Solutions Group is predicting there is a “very good chance” Congress will change the rules of the program, potentially making it as simple as a signature to have loans for less than $2 million forgiven.
