Blog: FAQ #40

 

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Treasury Provides Small PPP Forgiveness Clarification Regarding Laid Off Employees

Posted on May 4, 2020 by
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Over the weekend, the Department of Treasury issued an update to their PPP FAQs.  Question #40 clarifies that an employer’s forgiveness amount under PPP will not be impacted if the employer attempts to rehire a previously laid off employee and the employee refuses the offer to be rehired.  The offer from the employer must be […]