adminThe deadline for applications to the Paycheck Protection Program (PPP) loans, which was extended in July, is Aug. 8. The PPP is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. More than four million loans are reported to have been processed.
SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses. Click here to read more about PPP loan forgiveness.
