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How long will this program last?

After receiving hundreds of billions in new funding December 2020, the PPP program was extended to March 31, 2021, or as long as funds last.

  • Spend that money within 24 weeks (6 months)
  • Employee and compensation levels are maintained (which if you’re self-employed is just you)
  • At least 60 percent of the proceeds are spent on payroll costs, and the rest goes to other eligible expenses (wages / payroll, mortgage interest, rent, utilities, taxes, benefits, etc).

Then we’ll help you fill out the required paperwork to get it 100% forgiven!

Related Links

  1. Will I need to keep employees on my payroll or rehire them quickly?
  2. I am self-employed and have no employees, how do I calculate my maximum First Draw PPP Loan amount?
  3. Government Funds

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