How Tos: Businesses
Federal Assistance – SBA Loans
Paycheck Protection Program
Eligibility
The Paycheck Protection Program (PPP) is a forgivable loan program administered by the Small Business Administration and delivered through financial institutions. This video explains the PPP’s eligibility requirements by identifying eligible entities and explaining the SBA’s applicable size restrictions.
Forgiveness
The Paycheck Protection Program (PPP) is a forgivable loan program administered by the Small Business Administration and delivered through financial institutions. This video explains how a PPP borrower can take steps to maximize loan forgiveness by identifying eligible expenses, understanding how loan forgiveness is determined, and tracking information and keeping documentation that will be helpful in securing loan forgiveness.
Loan Amount
The Paycheck Protection Program (PPP) is a forgivable loan program administered by the Small Business Administration and delivered through financial institutions. This video explains how to determine an organization’s maximum PPP loan amount, what “payroll costs” include, and how to calculate “average monthly payroll.”