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C
cnt4100
July 28, 2020
Question

Can a tax payer file the ppp grant program

  • July 28, 2020
  • 1 reply
  • 0 views
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1 reply

T
Texas Roger
Employee
July 28, 2020

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.  SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.  You can't apply for it using TurboTax.

 

See this SBA article for more info: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program

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