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PPP
Asked a question 18 days ago

Has there been further clarification on the measurement date of PPP forgiveness when using the 24 week option? If headcount and salary is restored on July 31st can that be the measurement date?

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Rishi Khan
CEO Extreme Scale Solutions

If you use the 8-week option, then head count on 7/31 can be used. If you use the 24-week option, then head count restoration date is 12/31. See the forgiveness application here for details:

https://www.sba.gov/document/sba-form-paycheck-protection-program-loan-forgiveness-application2