Treasury, SBA post rules for Paycheck Protection Program loan forgiveness

The Treasury Department and the Small Business Administration released an interim final rule for loan forgiveness under the Paycheck Protection Program, supporting small businesses with SBA-backed loans under the CARES Act that will be forgiven as long as they meet the requirements.

Original Article Posted at : https://www.accountingtoday.com/news/treasury-sba-post-rules-for-paycheck-protection-program-loan-forgiveness