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The U.S. Small Business Administration (SBA) is offering various relief options for small businesses suffering substantial economic injury as a result of COVID-19. We understand this issue is rapidly evolving and will continue updating this page with the latest information available to us. We encourage you to visit the SBA website for additional information or contact your local BKD Trusted Advisor.

Paycheck Protection Program

Assistance for Small Businesses 

The Paycheck Protection Program (PPP) prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Small businesses, specific nonprofit organizations, certain tribal businesses and self-employed individuals and independent contractors are eligible if they meet program size standards. The PPP has generated huge interest but also operational challenges and continued questions on eligibility and loan forgiveness.

  • The application for borrowers can be found here.
  • View the AICPA guidance on the Paycheck Protection Program.
  • For best practices on SBA PPP loan documentation, click here.
 PPP Loan Forgiveness Calculator  PPP Loan Forgiveness Calculator

PPP Related Webinars

PPP Related Thoughtware Information for Borrowers

PPP Related Thoughtware Information for Lenders

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