How To Get Your PPP Loan Forgiven?
Channel: Ella Rivkin | Financial Freedom
Date: 08/06/2020

How To Get Your PPP Loan Forgiven?
🚫In order for this to be forgiven there are certain key guidelines and specific rules that business owners need to follow. Once these rules are followed and the application form has been filled out, it needs to be submitted and the end of the pay period.
✅Key points you should know:
👉There is an 8-week period that you as a business owner have to spend these funds. The calculations begin the day you receive the funds.
👉You must have the same head count of employees as to when you filled out the application form.
 👉The average working hours.
👉The maximum salary for officers is of $1.923 a week.
👉The minimum pay roll is 75% and maximum on rent is of 25%.
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