SBA Issues PPP Loan Forgiveness FAQs

On Tuesday, August 5th, the U.S. Small Business Administration (SBA) published an update containing 23 frequently asked questions about the process and calculations that borrowers should use to figure up the forgivable portion of their loans.

The FAQs are divided into four sections:

General loan forgiveness
Loan forgiveness payroll costs
Loan forgiveness nonpayroll costs
Loan forgiveness reductions

Read the FAQS >

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Business Owners, Individuals, TreasurySarah GrayAugust 6, 2020COVID-19, Paycheck Protection Program, PPP, PPP Loan Forgiveness, SBA, Small Business Administration