Government Issues Guidance On PPP

Did your trucking business secure a loan through the Paycheck Protection Program (PPP) as part of the CARES Act that was signed into law in March? If your company was among the trucking businesses that was able to obtain a PPP loan, you will want to hear this edition of the Equinox Business Solutions Podcast. In May, the government provided some additional guidance regarding tax issues as well as loan forgiveness related to the PPP. Equinox Business Solutions CEO Colton Lawrence and his team have been closely tracking all topics related to the CARES Act. Colton connected with the PodWheels Network once again for this podcast, walking listeners through the most recent government guidance and what it means to owner-operators, independent contractors and all business owners in trucking. Also, in this edition of the podcast that was released on May 26, Colton discusses the most important business lessons that have been learned so far by owner-operators and independent contractors through the CARES Act and operating in the COVID-19 economy.

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