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