As part of a suite of measures to provide small businesses relief from the impact of COVID-19, Congress established the Paycheck Protection Plan (PPP) loan program in March 2020.  Under the PPP loan program, eligible businesses (those with no more than 500 employees) could apply for a forgivable loan that, if used for payroll costs and certain other expenses (e.g., rent, mortgage interest, utilities) within a certain period of time, would be eligible for loan forgiveness.

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Source: taxpayeradvocate.irs.gov