Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

August 4, 2020

Can I make my Covered Period something other than eight or 24 weeks? I will be done spending my money after 12 weeks.

Posted by Armanino Financial Advisory Team

No. The Covered Period, as defined, is either eight weeks or 24 weeks. It is not something in between, no matter when you finished spending your money. That is not the same thing as choosing to file your forgiveness application early — this you can do at any time, but it does not change the duration of your Covered Period as defined.

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