New guide walks owner-ops through PPP loan forgiveness process

Updated Jul 9, 2020

Trucking news and briefs for Tuesday, July 7, 2020: 

New ATBS e-book details PPP loan forgiveness process
After assisting more than 1,300 owner-operators with Paycheck Protection Program loan requests totaling more than $10 million since the CARES Act was passed in March, business services provider ATBS is releasing a new e-book that guides owner-operators through the process of PPP loan forgiveness.

The company previously released a guide to help owner-operators obtain the loans. The new “Owner-Operator’s Guide to PPP Loan Forgiveness” walks owner-operators through loan forgiveness topics, including:

  • PPP forgiveness forms
  • Forgiveness of payroll and other expenses
  • Documentation requirements
  • Forgiveness application deadlines
  • Repayment of the loan, if necessary
  • Taxability of loans
  • The appeal process
  • Real-world examples

ATBS is also encouraging owner-operators to take advantage of the extended PPP loan application deadline of Aug. 8, which was signed into law by the President on July 5.

TruckPark parking reservations integrated into dexFreight digital brokerage
Carriers using the dexFreight digital freight matching 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 secured parking spots suing the dexFreight app.

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

The Business Manual for Owner-Operators
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