New information, clarifications, and updates continue to be released regarding COVID-19 relief programs, and specifically for the CARES Act, PPP Loans, and Families First Coronavirus Response Act.
Following is an overview of some of the most important updates and reminders for staffing company owners, including expenses that are forgivable under a PPP loan.
Important Updates & Reminders:
As of May 14, 2020 the US Treasury and SBA have not released the Interim Final Guidance on the PPP Loan Forgiveness. This is what we do know as of today: