Skip to main content
Asked a question 2 years ago

Paycheck Protection Program - the amount forgiven would be reduced in proportion to any reduction in employees retained compared to the prior year. How does this work if we had significant layoffs in the prior year (mainly before fall 2019)?

Where am I?

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

ami kassar
CEO Multifunding LLC and author of The Growth Dilemma

We are still gathering the exact formula to determine how employee fluctuation will alter the amount of forgiveness on the PPP