The American Rental Association (ARA) is providing a summary and list of changes to the Paycheck Protection Program (PPP) included in H.R. 133, The Consolidated Appropriations Act, 2021. ARA is urging members to consult with their accountants, legal advisors and lending institutions regarding specific questions related to both first and second draw PPP loans and PPP loan forgiveness as well as any tax issues related to PPP loans.
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