ppp tracking

Paycheck Protection Program Tracking

If you were approved for the PPP Loan proceeds as part of the 2020 CARES Act, you might be wondering how best to track expenses covered by this loan.

Some of the expenses covered are:

  • Salary & Wages
  • Healthcare Benefits 
  • Retirement Plan Funding
  • Rent Expense
  • Business Loan Interest
  • Utilities

One of the most important components in tracking these expenses is excellent record keeping. With accurate records, you’ll find it much easier to provide reporting and documentation to apply for loan forgiveness.

CDM+ makes this easy with account sets. You also have the option to use a separate bank account to manage PPP funds and expenses.

PPP Tracking User’s Guide

To help, we’ve created a PPP Tracking User’s Guide that will walk you through how to use each technique to manage your loan. 

Follow this link to begin: https://bit.ly/3gco2DB