Tuesday, May 19, 2020

PPP Loan and new Hire

All,

I applied PPP loan about 6 week back (currently 4 employees).
Looks like loan is approved although funds are not received yet.
My question is -I got another contract and I need to hire a brand new employee to do the work.
Is that an issue for loan forgiveness?
Appreciate input!


from PPP Loan and new Hire

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