Home News U.S. Chamber of Commerce offers Guide to PPP Loan Forgiveness

U.S. Chamber of Commerce offers Guide to PPP Loan Forgiveness

Under the Paycheck Protection Program (PPP) created by the CARES Act, loans may be forgiven if borrowers use the proceeds to maintain their payrolls and pay other specified expenses.

The U.S. Chamber of Commerce’s Guide to PPP Loan Forgiveness can be downloaded by visiting uschamber.com/report/guide-ppp-loan-forgiveness.

The U.S. Treasury Department and Small Business Administration are responsible for updating the application form and instructions for loan forgiveness. For this most up-to-date information, visit https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses.

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