The law did not require 75% be spent on payroll costs to qualify for PPP loan forgiveness. The SBA added this provision. But what does it really mean. The final answer can be material.
This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.
Want to learn more? Complete the form below and we'll be in touch. If you are unable to see the form below, please complete your submission here.Contact us