Employer Resources > Payroll Protection Program

Payroll Protection Program

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program (PPP), the initiative provides 100% federally guaranteed loans to small businesses. Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward. Small businesses and self-employed individuals need to learn more about the program. Read our guide to learn if your business eligible, gather the documents you will need, and access the application form. 

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