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PPP Loan Guidance Updated May 15th

Updated: May 16, 2020

***Update, Saturday May 16th- Last night the SBA released it's loan forgiveness application. You can access it here. We will provide additional guidance early next week.

To begin your weekend right, here is another Friday afternoon edition of our updated PPP Loan Guidance in under 9 minutes. We have clarity around some items related to loan forgiveness but are still awaiting further guidance around some specifics.

How to Calculate your total non payroll qualified expenses for the 8 week period-

This can help inform staffing and timing decisions. You’ll know what amount you’ll need to run in payroll over the 8 week period to maximize loan forgiveness.


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