Notably, businesses flocked to the Payroll Protection Program (PPP), which offered low-interest loans that could be forgiven entirely if applied correctly. Only now that borrowers are filling out their loan forgiveness application, they're finding themselves with more questions than answers.
To help employers make sense of PPP loan forgiveness, we recently held a webinar in our ongoing series on COVID-19 Payroll Implications with our customers. During the webinar, we discussed updated guidance on PPP loan forgiveness, like:
We also closed with a robust question and answer session between Proliant's Chief Financial Officer Adam Clayton and Chief Operating Officer Debbie Epley and our audience.
If you've still got questions about PPP loan forgiveness and COVID-19's payroll implications, just fill out the associated form.