Paycheck Protection Program Loan Forgiveness
Did you receive a forgivable Paycheck Protection Program loan? Paycheck Protection Program (PPP) borrowers may be eligible for loan forgiveness if the funds were used for eligible payroll costs, payments on business mortgage interest payments, rent, or utilities during either the 8- or 24-week period after disbursement. Check out the SBA’s new factsheet highlighting the process for loan forgiveness.
Please refer to www.sba.gov/ppp for a complete list of requirements, instructions, and forms.
Questions? Contact your PPP Lender or find more information at www.sba.gov/ppp