7 Resources for PPP Loan Forgiveness HelpEarlier this year, as part of the CARES Act, the federal government created the Paycheck Protection Program (PPP) to provide a financial lifeline—that could be forgiven later if the right circumstances were met—to businesses in the wake of the COVID-19 pandemic.
From timelines and step-by-step calculations to paperwork walk-throughs and FAQ's, check out these 7 resources from the U.S. Chamber's CO— to help business owners navigate how to get full PPP loan forgiveness.
Small Business Administration (SBA)'s PPP Forgiveness FAQ
Click here to view the SBA's substantial document of questions and answers regarding forgiveness.
General Forgiveness Tutorial for Most PPP Loans
Click here to view a video outlining forgivable and non-forgivable expenses, how to fill out forgiveness application, forgiveness calculation examples and more from Hector Garcia— a CPA with more than 100,000 subscribers on YouTube.
Guide to Tax Implications of PPP Loans
Click here to view the CO— guide to tax implications of PPP loans.
Click here for more resources