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SBA Releases New PPP Loan Forgiveness FAQs

SBA and Department of Treasury Have Released New PPP Forgiveness FAQs

SBA and Department of the Treasury released new FAQs today. These FAQs fall into the following categories:
  • General Loan Forgiveness FAQs
  • Loan Forgiveness Payroll Costs FAQs
    • Includes Information on Owner Compensation 
  • Loan Forgiveness Nonpayroll Costs FAQs
  • Loan Forgiveness Reductions FAQs
This 10-page document will answer many questions posed by small businesses regarding PPP loan forgiveness. 

See the FAQs here

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