The May 14th safe harbor deadline (extended from the original date of May 7th) to repay Paycheck Protection Program (PPP) loans was extended until May 18th (SBA FAQ #47 issued 5/13/20). This extension is to give borrowers an opportunity to review and consider FAQ #46. See our blog post Good Faith Certification for PPP Loans.
Click the link below to see a PDF of all FAQs issued by the SBA on the PPP loans.
Reach out to the team at MWB for any questions you may have on anything above or ANY impact you are seeing to your business during this time.