Paycheck Protection Program (PPP Loan)

Many small businesses are familiar with or have heard of the PPP Loan Program. The CARES Act established this temporary program, along with several others, for retaining employees by expanding the traditional SBA 7(a) loan program. The loan will be fully forgiven if the funds are used for payroll costs and other misc costs according to the SBA.gov guidelines. These requirements are changing constantly, please see link below for additional information and a complete listing of guidelines and requirements.