PPP loans are made to help businesses keep their existing staff and help with critical expenses. Businesses who use the loan to do this may be eligible for a 100% forgiveness incentive.
- Payroll costs including benefits & premiums
- Rent, if you signed your lease before February 15, 2020
- Utilities, if you signed a service agreement before February 15, 2020
- Interest on debt obligations, if they were incurred before February 15, 2020