Call your Bank Manager. Explain the situation. I believe you would owe at least a portion, if not all of the PPP Loan money back, but I also believe the rate is...
Here is my step-by-step set up for the PPP Loan (Long Term Liability account), the Contra account (Short Term Liability account), and the deposit to your Operat...
You would need to contact your local (city) SBA Loan provider. It's a complex question, depending on your payroll, head count before the COVID 19 shut down, and...