Loan Forgiveness Under the Paycheck Protection Plan

As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law March 27, many small business owners were able to apply for – and receive – a loan of up to $10 million under the Paycheck Protection Program (PPP). If the loan...

Paycheck Protection Program Forgiveness

Amid the COVID-19 crisis, the United States government authorized the issuance of 349 billion dollars in available loans to small businesses, called the Paycheck Protection Program. This program provides small businesses with the opportunity to take out a loan, which...
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