A victory for NAHB members and PPP loan forgiveness
Every NAHB member who received a Paycheck Protection Program loan can have their loan forgiven.
Members of the National Association of Home Builders (NAHB) who might have been sweating paying back a PPP loan can breathe a sigh of relief.
The NAHB reported that it has scored a solid legal victory. As a result, every NAHB member who received a Paycheck Protection Program loan can have their loan forgiven.
And while it's too late to take out a PPP loan, it’s not too late to apply to have a loan forgiven. The process to receive a refund for a PPP loan is outlined on the Small Business Administration (SBA) website.