Skip to main content
Dorothy Kolb
Asked a question 10 months ago

An interesting question from my client who is concerned that her business will never recover even with PPP funding. If she still needs to cut staff, does severance paid count as "payroll" when determining loan forgiveness?

Where am I?

In Multifunding SBA CoronaVirus Support you can ask and answer questions and share your experience with others!

It should be active payroll costs, not severence, as the intention of the program is to support payroll during the 8 week period.