Payroll Protection Program Loan Forgiveness Checklist
ACA Times
MAY 1, 2020
2 minute read: Congratulations if you were one of the lucky ones to receive a Payroll Protection Program (PPP) loan! Are you using the loan for Covered Costs with at least 75% going specifically to Payroll? Are you keeping detailed records of the Covered Costs whether they are Payroll or non-Payroll and when those costs accrued?
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