Womply PPP Loan Forgiveness Is NOT Automatic | FAKE RUMOR
It is important to know that if you received a PPP loan via Womply, your PPP loan forgiveness is NOT automatic. Your Womply PPP Loan Forgiveness Application has to be processed either via the NEW SBA PPP Direct Forgiveness Portal, or via the bank or lender that gave you the PPP loan funds.
This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Freedomtax Accounting and Multiservices Inc. are providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience. Freedomtax Accounting and Multiservices Inc. or its members cannot be held liable for any use or misuse of this content.
Hello from Freedom Tax Accounting we’re an accounting firm where we have been providing quality tax and accounting services now for over 20 years. We wanted to do this quick video because there’s a fake rumor going around if you applied for PPP1 or PPP2 via the Womply platform. The rumor is that Womply is going to automatically apply for your PPP loan forgiveness. This is false. This is not true. Womply is not going to automatically apply for your PPP1 or PPP2 loan forgiveness if you got it through their platform. Okay if you applied for your PPP loan through Womply you have to apply for your PPP loan forgiveness. Now you’re going to have to apply for your PPP loan forgiveness in two ways okay.
The first way is that you may have to apply for the PPP loan forgiveness that you got through Womply directly with the SBA via their new SBA direct forgiveness portal. Either you apply for your PPP forgiveness via the SBA portal or you are going to have to apply for the PPP forgiveness via the bank or lender that gave you the PPP funds. If you do not know if you need to apply for PPP forgiveness for the PPP loan you got through Womply either through the SBA or through the bank, watch this video that we did yesterday. This is the thumbnail and in this video that we recorded yesterday, we will show you how you know if you need to apply for your Womply PPP loan either with SBA or directly with your lender.
So, once again the fake rumor going around is that if you got a PPP loan via Womply and they are going to automatically apply for your forgiveness and that is false you have to apply for forgiveness yourself so watch this video that we did yesterday. We are linking that video right now on the top right of this video. We will also put a link to this video that we recorded yesterday in the description of this video okay.
Now remember that we are a full-service accounting firm, so if you need help with your PPP loan forgiveness, we are providing that as a service this is our contact information, also if you need help with your corporate taxes, business taxes, personal taxes, if you need bookkeeping payroll service if you need to open up a new corporation if you need to open up a new LLC if you have any IRS tax problems, we can help you. Also, we are part of Freedom Group where we are a group of four companies where we also provide immigration services real estate financial planning, and insurance.
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- Address: 1016 E Osceola Parkway, Kissimmee, 34744, Florida, United States
- Phone: 407-502-2400
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Remember that we are part of Freedom Group, a conglomerate of companies dedicated to providing quality services in accounting, taxes, financial consulting, insurance, real estate, business incorporation, among others.
As for your finances, we can help you with everything you need.