Under the Paycheck Protection Program (PPP), loans may be forgiven if borrowers use the funds to maintain their payrolls and pay other specified expenses. The U.S. Chamber published a step-by-step PPP Forgiveness Guide to help calculate your loan forgiveness amount, navigate record-keeping requirements, and determine repayment terms on amounts not forgiven.
Please note, this guide will be updated as new guidance is issued by the Dept. of the Treasury.
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