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
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.
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