alabamarolltide
Level 2

FFCRA and CARES Acts including the PPP

Why does it say the grant advance does not need to be repayed. If you are approved for the loan, the grant/advance is part of that loan and has to be repaid. It only does NOT have to be repayed if you don't got approved for a loan? I got two a deposits, the initial advance and the balance of the loan. Should I put it ALL under long term liabilities?