American Chiropractic Association - payroll

Feds Simplify Forgiveness Process on Small PPP Loans

Recently, the U.S. Treasury Department and the Small Business Administration (SBA) released a simplified forgiveness application for Paycheck Protection Program (PPP) loans under $50,000. The simplified form cuts the application’s size down from five pages to two and removes most of the questions aimed at ensuring that the loans were used for the program’s intended purposes of supporting payrolls and covering other fixed costs.

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