The Payroll Protection Program: Should I Apply, What Expenses Qualify, and Do I Choose 8 or 24 Weeks?
For businesses that received PPP loans when they were first available, the time to apply for forgiveness has either come or is fast approaching. For those businesses that have yet to apply, the clock is ticking to do so. Am I eligible to apply? What has changed? How can I qualify to get the loan forgiven? These are many of the questions we have been asked over the past few weeks, and we have put together some answers to help guide you in making decisions on the PPP loan. Even if you aren’t a business owner, perhaps you know someone who could benefit from this information and can share it with them.