Accounting for the usage and the forgiveness of the PPP loan proceeds can get a little complicated to say the least. Most importantly, keeping good records is essential in keeping more of the PPP loan for your business and paying back less.

SBA has halted accepting applications for the Paycheck Protection Program loans since the $349 billion amount allocated by the CARES Act has been claimed. Update 06/05/2020: More funds are available. Read more and apply for free ...