How to gain more from operational risk management practices.
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SBA FAQs on PPP loan forgiveness
The Small Business Administration has issued a collection of "Frequently Asked Questions (FAQs) on PPP Loan Forgiveness." The FAQs were issued in consultation with the Department of the Treasury to address borrower and lender questions concerning forgiveness of PPP loans.
The FAQs are grouped in these categories:
- General Loan Forgiveness
- Loan Forgiveness Payroll Costs
- Loan Forgiveness Nonpayroll Costs
- Loan Forgiveness Reductions