Paycheck Protection Program Loan Forgiveness FAQs
08/11/2020//Comments Off on Paycheck Protection Program Loan Forgiveness FAQs
The Small Business Administration (SBA) has published guidance to address borrower and lender questions concerning forgiveness of Paycheck Protection Program (PPP) loans, as provided for under section 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as amended by the Paycheck Protection Program Flexibility Act (Flexibility Act).
Read the PPP forgiveness frequently asked questions.