PPP Loan Forgiveness: Keeping Employees Working During COVID-19
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.