Frequently Asked Questions on PPP Loan Forgiveness

20 ADIR 0860 ADKNews FAQonPPP

Paycheck Protection Program
Frequently Asked Questions (FAQs) on PPP Loan Forgiveness 

The Small Business Administration (SBA), in consultation with the Department of the Treasury, is providing this guidance to address borrower and lender questions concerning forgiveness of Paycheck Protection Program (PPP) loans, as provided for under section 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as amended by the Paycheck Protection Program Flexibility Act (Flexibility Act). 

Click here to download entire FAQs on PPP Loan Forgiveness PDF.

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