Hello, mgalrito.
I'm happy to help you out. If you're referring to whether you should set up your loan as a short term or long term liability, then this is entirely based a few points. If you plan on receiving loan forgiveness, you can set it up as a short term liability, as the life of it is only 8 weeks. If you're concerned that for any reason it won't be forgiven, you have the option of making it a long term liability as it can be repaid over a 2 year cycle in 2021 and 2022.
Here's a helpful article highlighting the PPP loan forgiveness and what's required for it.
If you need any other information, help or guidance, feel free to post below.
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