New guide guides homeowners through the PPP loan cancellation process

News and briefs on trucking for Tuesday July 7, 2020:

New ATBS eBook Details PPP Loan Cancellation Process
After helping more than 1,300 owner-operators with Paycheck Protection Program loan applications totaling more than $ 10 million since the passage of the CARES Act in March, business service provider ATBS is release a new e-book who guides owner-operators through the PPP loan forgiveness process.

The company previously published guide to help owner-operators obtain loans. The new “Owner-Operator’s Guide to P3 Loan Forgiveness” provides owner-operator information on loan forgiveness topics, including:

  • PPP forgiveness forms
  • Remittance of payroll and other expenses
  • Documentation requirements
  • Deadlines for pardon applications
  • Repayment of the loan, if necessary
  • Taxability of loans
  • The appeal process
  • Real world examples

ATBS also encourages owner-operators to take advantage of the extension of the August 8 PPP loan application deadline, which was signed into law by the president on July 5.

TruckPark parking reservations integrated with dexFreight digital brokerage
Carriers using the dexFreight digital freight forwarding service can now make truck parking reservations in the dexFreight app following a new partnership with TruckPark.

For the first phase of integration, truckers can reserve TruckPark’s secure parking spaces by continuing the dexFreight application.

In the second phase, dexFreight will use the information on parking availability to improve its trip planning and load selection algorithms for carriers.

Natalie C. Parsons