Discover Prop 19:
What You Need to Know
Join us for an informative session on California’s Prop 19 at the Marin Lunch and Learn on January 18th, presented by Redwood Credit Union.
Location:
Pond Farm Brewing
1848 4th St.
San Rafael, CA 94901
Please note, street parking only. Additional parking lot located at West End Center, 1801 4th St., San Rafael.
Schedule:
1:30 – 3 p.m. – Lunch & Presentation
3 – 4 p.m. – Networking & Meet the RCU Team
Take advantage of these topics:
- How to move your property tax base for individuals aged 55 and older
- Understanding reassessment and supplemental tax bills
- How to navigate becoming the primary owner after inheritance
Complete the form below to register.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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