Paycheck Protection Program Forgiveness
August 2021
When the pandemic was first in full swing in March and April of last year the U.S. Small Business Administration (SBA) started a program as part of the Cares Act, the paycheck protection program (PPP), to help small business during the lockdowns. The PPP allowed for the SBA, as well as and private lenders to help suffering small businesses during the hardest months of the pandemic by allowing them to apply for emergency aid.