PPP Loan
UPDATE: On May 31, 2021, the Paycheck Protection Program (PPP) ended. Existing borrowers may be eligible for PPP loan forgiveness.
The US government enacted the CARES Act, a federal stimulus program which included the Paycheck Protection Program (PPP) which was intended to provide loans to businesses to guarantee eight weeks of payroll and other costs to help businesses remain viable and aid in worker relief.
It also came with many stipulations and intricacies, which we help break down to further explain what the PPP business loan program is, how it works, the nuances of the pre and post application process and how best to take advantage of the program.
