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Coronavirus Help Center – tools to help you navigate today's challenges and opportunities.

The Paycheck Protection Program (PPP): A Practical Guide

COVID-19
Webinar
04/21/2020

Note: This was recorded prior to the passage of the PPP Flexibility Act on June 5, 2020, which modified certain provisions related to the forgiveness of loans under the Paycheck Protection Program. To learn more, visit our Paycheck Protection Program resource.

The Paycheck Protection Program is the largest stimulus for small businesses ever, but with 30 million businesses eligible for loans under the program, applying for these loans has proved challenging, and the initial $349 billion authorized for the loans has already been exhausted.

As Congress negotiates legislation that would provide additional funding for the program, we invite you watch this on demand webinar with our lending partners at Biz2Credit to learn more about the PPP application process, what to expect when applying, application criteria, and the requirements for loan forgiveness, so that your business will be better prepared when the additional funds hit. 

This website contains articles posted for informational and educational value. Paychex is not responsible for information contained within any of these materials. Any opinions expressed within materials are not necessarily the opinion of, or supported by, Paychex. The information in these materials should not be considered legal or accounting advice, and it should not substitute for legal, accounting, and other professional advice where the facts and circumstances warrant.
Paychex is committed to providing resources to the Spanish-speaking community. To ensure we are providing the most up-to-date and accurate information, some content on this website will be shown in English, and will be provided in Spanish when available.