PPP Loan Guidance on Forgiveness
Many small businesses are starting to receive their much needed Paycheck Protection Program (PPP) Loan funds. Many are asking how they should be tracking their expenses to ensure their loans will be forgiven. Unfortunately, the Small Business Administration (SBA) has not provided guidance on this as of yet.
In the mean time, we wanted to share an article we found with step by step suggestions on how to manage and track the funds. Once official guidance is issued, we will communicate this with you.