
Paycheck Protection Borrowers Get Break on Loan Forgiveness
We can help you apply for your PPP Loan Businesses that received Paycheck Protection Program (PPP) loans are getting a break pertaining to laid off employees. For purpose of loan forgiveness calculations, borrowers can exclude laid-off employees if the employees turn down a written offer to be rehired, according to new guidance from the U.S. Small Business Administration (SBA). The loans can be forgivable — meaning they won’t necessarily have to be paid back. But there are c