skip to Main Content
PPP Loan Forgiveness With Workers On Unemployment

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.

Learn more here from CNBC…

Back To Top