PPP Update: The SBA Distributes Instructions for Applying for PPP Loan Forgiveness

The SBA recently issued loan forgiveness instructions and the application for  Paycheck Protection Program (PPP) borrowers. The instructions cover options borrowers can take for calculating their payroll costs through an alternative payroll period, expense eligibility during the 8-week pay period, exemptions from loan forgiveness, and additional key aspects of the PPP.

CLICK HERE to review the application and instruction.

In addition, there is still more than $100 billion left in PPP funding.