SBA Releases PPP Forgiveness FAQs
On August 4, 2020, the SBA issued long-awaited guidance pertaining to PPP loan forgiveness. The guidance, in the form of FAQ, covers three main topics: payroll costs, nonpayroll costs, and loan forgiveness reductions. Check back soon for additional restaurant-specific insights from BDO’s Restaurant Industry Group.
Read the PPP Loan Forgiveness FAQs from the SBA
Be sure to keep up with the Restaurant practice’s latest insights by subscribing to our blog on the Selections homepage here and following us on Twitter at @BDORestaurant