The U.S. Chamber of Commerce has released a new guide to help businesses navigate loan forgiveness under the Paycheck Protection Program: Guide to PPP Loan Forgiveness.
This guide is designed to help borrowers understand the process by which their loan forgiveness amount will be calculated and the overall approach of the loan forgiveness process.
Here are some of the important questions this guide addresses:
How much will be forgiven?
What happens to loan amounts that are NOT forgiven?
What are the record keeping requirements?
For a full list of available guides, research, and resources, please visit uschamber.com/coronavirus.