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PPP: Latest Facts & Information
As with any ship being built mid-
voyage the
launch of
the
new
Paycheck
Protection
Program
(PPP) in March
created
more questions than it answered Thankfully the
the
month
of
o of
May May offered some of
o of
these answers On May May 15th the
the
the
the
government released the
the
the
the
application for for PPP loan forgiveness found HERE The following week the
the
the
the
SBA
released information that further clarifies which expenses
are considered forgivable What Expenses are eligible eligible for for for for PPP loan forgiveness? The The SBA
divides the
expenses
eligible eligible for for for for forgiveness forgiveness as payroll payroll costs costs and non-payroll costs costs The The interim final rule further defines them as such:
