One of the most compelling aspects of the Paycheck Protection Program (PPP), enacted as part of the 2020 CARES (Coronavirus Aid, Relief, and Economic Security) Act, is the potential forgiveness of all or part of the loans designed to maintain small business employment during the height of the pandemic. Payment Protection Plan loans to small businesses provide much needed economic relief during COVID-19, but only if complete and accurate records are maintained. https://www.spencersavings.com