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PPP Loan Forgiveness Documentation
PPP Loan Forgiveness Eligibility
PPP Loan Forgiveness Payment
Allowable Expenses (Payroll Costs)
PPP Loan Forgiveness General Information
Retirement
Mortgage and Other Debt
Rent and Other Lease Expenses
Utilities
Self-employment
Disallowed Costs or Costs Not Included in Payroll Costs
Forgiveness Reduction Factors & Salary Reduction Calculation
FTE Reduction Factor
Baseline Period
Calculation Approach
Exclusions
Effect of Layoffs / Furloughs
Safe Harbor for Forgiveness Reduction Factors
Safe Harbor for Demonstrating Need for the Loan
Applying for Forgiveness
Auditability of the Loan
Definitions
Calculations
Deductibility of Expenses
Length of the Covered Period
Start Date for the Covered Period
Forgiveness Threshold
Loan Repayment
Other
Payroll Tax Deferral
Other CARES Act Loans
PPP Loan Forgiveness
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Support Center
Mortgage and Other Debt
Portal Login Support
PPP Loan Forgiveness Documentation
PPP Loan Forgiveness Eligibility
PPP Loan Forgiveness Payment
Allowable Expenses (Payroll Costs)
PPP Loan Forgiveness General Information
Retirement
Mortgage and Other Debt
Rent and Other Lease Expenses
Utilities
Self-employment
Disallowed Costs or Costs Not Included in Payroll Costs
Forgiveness Reduction Factors & Salary Reduction Calculation
FTE Reduction Factor
Baseline Period
Calculation Approach
Exclusions
Effect of Layoffs / Furloughs
Safe Harbor for Forgiveness Reduction Factors
Safe Harbor for Demonstrating Need for the Loan
Applying for Forgiveness
Auditability of the Loan
Definitions
Calculations
Deductibility of Expenses
Length of the Covered Period
Start Date for the Covered Period
Forgiveness Threshold
Loan Repayment
Other
Payroll Tax Deferral
Other CARES Act Loans
PPP Loan Forgiveness
Mortgage and Other Debt
Are mortgage expenses allowable?
I have some non-mortgage debt. Can I use PPP funds to pay interest on payments to a former owner that I’m paying off or buying out?
I understand that we are allowed to use PPP funds for non-mortgage interest but that it is not forgivable.
Is interest on personal property loans included in forgiveness?
I see my mortgage payment is an allowable use of PPP funds; however, what portion of that is actually forgivable?
Can personal property taxes be included?
I drew down my line of credit and am making regular interest payments against that during the Covered Period. Can I use PPP funds to make those payments and will that be a forgivable expense?