What Can You Spend PPP Loan Funds On?
Channel: Ella Rivkin | Financial Freedom
Date: 03/06/2020

❓❓What Can You Spend PPP Loan Funds On?

🙋Here are a few points to consider and to pay close attention to when spending the PPP Loan Funds:

• 👉You have 75% or more to spend on payroll costs.
• 👉You have a maximum of 25% to spend on rent or utility bills.
• 👉The amount of people on your payroll.
• 👉Not to reduce salaries.
• 👉…and many others.

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