PPP Loan Forgiveness with Workers on Unemployment
The SBA and Treasury Department rolled out further forgiveness guidance last week in another Interim Final Rule that addresses a burning question entrepreneurs have had for some time: Will I have my PPP forgiveness reduced if a worker I laid off rejects an offer of rehire?
The answer is no — but the employer will have to document the offer and the rejection, and then report the employee to the state unemployment office.
