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SBA Paycheck Protection Program (PPP) FAQs

This series of frequently asked questions (FAQs) provides answers to questions we are hearing from our members about the Paycheck Protection Program (PPP).

Check back often as we will update these FAQs as more guidance is released.

This page has been updated as of May 21, 2020.

Video FAQs on the SBA Paycheck Protection Program (PPP)

Stay up to date with the latest on the PPP by listening to these videos. We will provide you the latest information and answer the most frequently asked questions.

General information


Calculation of payroll costs

Check out the PPP loan calculators for help with the calculation.


Pass-through entities calculation of payroll costs


Self-employed individuals and independent contractors


Determining number of employees for less than 500 employee limit/affiliate questions


Forgiveness of loan


Relationship between PPP and other SBA loans


CPAs as agents


Reviewed May 21, 2020