Take note that at the least 75 per cent associated with PPP loan proceeds is employed for payroll expenses.

Take note that at the least 75 per cent associated with PPP loan proceeds is employed for payroll expenses. You can make use of the Paycheck Protection Program loan for any other business-related costs, including inventory, but that percentage of the loan won’t be forgiven. Under the FFCRA, payroll prices are determined on a gross […]