9. What is the Paycheck Protection Program (PPP) Loan?
Link: https://turbotax.intuit.com/tax-tips/small-business-taxes/what-is-the-paycheck-protection-program-ppp-loan/L0AgRJjpU
Description: WEBMar 5, 2024 · What can the PPP loan be used for, and what are the terms? According to the SBA, in order to receive full loan forgiveness, you must use the funds must be used for payroll costs, interest on mortgages, rent and utilities with at least 60% of the forgiven amount going toward payroll. Reviews: 132.3K
Reviews: 132.3K