Paycheck Protection Program – Maximize Forgiveness
by Tom G. Porterfield, CPA, CFE It is important that small businesses receiving the Paycheck Protection Program (PPP) loans manage the loan proceeds. For that reason, we are sharing some best practices for managing PPP loans. Payroll and Full Time Equivalents (FTEs) PPP loans are forgivable, but reductions in employees, work hours and total payroll[…]