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Direct Loan Forgiveness, 60/40 Rule, and More: What to Know About the Paycheck Protection Program
As the COVID-19 pandemic pushes on, covering expenses grows difficult for small businesses. The SBA is taking the lead to help owners by expanding its Paycheck Protection Program. So, what new changes can owners expect? Listen in as Gene Marks speaks with Connor Mykins on the Direct Loan Forgiveness Portal, 60/40 rule, and how you can apply for forgiveness.
Resources:
Planning on applying for a PPP loan? Calculate your loan forgiveness with our easy-to-use PPP Loan Forgiveness Estimator at www.paychex.com/business-loans/loan-forgiveness-estimator
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The skinny
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