Tips For Tracking PPP Loan Spend
Episode description
Get expert advice from Jessica Scheitler of Financial Groove in this episode on how to best track and prepare for your PPP loan forgiveness. She provides useful tips for studio owners as we navigate our dance season and the timing of funding. According to the PPP fact sheet, the loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made; and Employee and compensation levels are maintained.
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