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A recipient of USA PPP money (our business disaster relief fund) who does not spend it on payroll will have a loan that is due in 18 months. If you spend on pay
by indymike 7y ago
A recipient of USA PPP money (our business disaster relief fund) who does not spend it on payroll will have a loan that is due in 18 months. If you spend on payroll (and there are rules to prevent abuse) most of PPP will be forgiven. The USA is clearly trying to keep employees solvent, and as a USA based business owner, I care deeply about my employees, and so do most other business owners I know.