A Business Owner’s Guide The Payroll Protection Program Round Two

Second draw PPP loan forgiveness must be requested by the loan’s maturity date, five years from the date SBA issued the loan number, so most Round Two borrowers hit that deadline in 2026. The program stopped accepting applications on May 31, 2021, and Congress hasn’t reauthorized it. What’s left is proving the 25% gross receipts test, the payroll base, and the tax treatment, work indinero’s CPA-led team handles inside the engagement that already owns the books.