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PPP Loan Forgiveness: Keeping Employees Working During COVID-19

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State-mandated shutdowns, lack of customers, and cash flow problems are forcing business owners to make hard decisions during the coronavirus pandemic.  The CARES Act is offering multiple funding programs to help businesses keep their employees on the payroll. One of these is the Paycheck Protection Program (PPP) with loan forgiveness.

In this eBook, we give you the latest information on PPP loan forgiveness, with details on:

  • Program eligibility
  • How to apply
  • Calculating loan costs
  • Waivers and exemptions
  • Real-life loan examples

We also review how Paychex can help, and provide additional resources such as our COVID-19 Help Center.

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.

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