PPP Loan Accounting Problems for For-Profit Title IV Organizations. A PPP loan is known as a note payable (long-lasting) upon receipt of profits The U.S. Small Business Administration (SBA) issued the Paycheck Protection Program (PPP) loan to provide incentives for small businesses to keep workers on their payroll amongst all of the uncertainty surrounding the COVID-19 pandemic. Numerous smaller businesses when you look at the Title IV sector received these loans as they are now attempting to regulate how to properly take into account them under USGAAP while also focusing on how these alternatives will impact scores that are composite. The United states Institute of Certified Public https://rapidloan.net/payday-loans-nd/ « Continue »