Paycheck Protection Program Loan Forgiveness Services Matrix
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Paycheck Protection Program Loan Forgiveness Services Matrix

1 year ago · 532.3 KB Download

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The Paycheck Protection Program (PPP), under the newly legislated Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides small businesses with forgivable loans. The PPP loan proceeds are to be expended on payroll, rent, mortgage payments, or utilities. Funding spent on these covered expenses qualify for loan forgiveness if the borrow expends the funds on covered expenses and restores payroll to pre-COVID-19 levels. This matrix is designed to help the CPA determine which service is appropriate to provide the client

Download the Paycheck Protection Program Loan Forgiveness Services Matrix

File name: coronavirus-ppp-loan-forgiveness-services-matrix.pdf

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