Finalyear2023
Level 1

Thank you.  Clearly, I'm not fully following.  On the forgiveness letter from the SBA, it shows the loan disbursement amount, the original PPP amount.  Then, Forgiveness Amount Remitted: $XXX in principal and $XXX interest.  So, my dumb question is, who received the interest?  Of course, there was an M-1 adjustment, but we only put the principal amount.  I am missing something.  Thank you.

0 Cheers