What costs are eligible for payroll under the Paycheck Protection Program (PPP)?
  • Compensation (salary, wage, commission, or similar compensation, payment of cash tip or equivalent)
  • Payment for vacation, parental, family, medical, or sick leave
  • Allowance for dismissal or separation
  • Payment required for the provisions of group health care benefits, including insurance premiums
  • Payment of any retirement benefit
  • Payment of State or local tax assessed on the compensation of employees

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1. What support is there for small businesses?
2. What assistance is there for nonprofits?
3. What types of businesses and entities are eligible for a Paycheck Protection Program (PPP) loan?
4. What are Small Business Administration (SBA) affiliation rules?
5. What types of non-profits are eligible for the Small Business Administration (SBA) Paycheck Protection Program (PPP) assistance?
6. How is the Paycheck Protection Program (PPP) loan size determined?
7. What costs are eligible for payroll under the Paycheck Protection Program (PPP)?
8. What costs are not eligible for payroll under the Paycheck Protection Program (PPP)?
9. What are allowable uses of loan proceeds with a Paycheck Protection Program (PPP) loan?
10. What are the loan term, interest rate, and fees for a Paycheck Protection Program (PPP) loan?
11. How is the forgiveness amount calculated under the Paycheck Protection Program (PPP)?
12. How do I get forgiveness on my Paycheck Protection Program (PPP) loan?
13. What happens after the forgiveness period for a Paycheck Protection Program (PPP) loan?
14. Can I get more than one Paycheck Protection Program (PPP) loan?
15. What kind of lender can I get a Paycheck Protection Program (PPP) loan from?
16. How does the Paycheck Protection Program (PPP) loan coordinate with Small Business Administration (SBA) existing loans?
17. How does the Paycheck Protection Program (PPP) loan work with the temporary Emergency Economic Injury Grants and the Small Business Debt Relief program?
18. Still have questions? See our other CARES Act FAQs: