Paycheck Protection Program Update

In Employer Resources by Porzio

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Authored by: Pamela M. Kapsimalis

The Small Business Administration (SBA) in consultation with the Department of Treasury has issued guidance to address borrower and lender questions regarding forgiveness of Paycheck Protection Program (PPP) loans.  Please review the below links for the recent frequently asked questions (FAQs) issued on August 4, 2020 and August 11, 2020 respectively and if you have any questions please contact Pam Kapsimalis.

Frequently Asked Questions on PPP Loan Forgiveness