Self-employed workers face an uphill battle on PPP loan forgiveness
Self-employed people who borrowed from the Paycheck Protection Program may have a tough time getting the full balance forgiven.
The PPP is a federal forgivable loan program that was established by the CARES Act. It’s intended to cover up to eight weeks of wages, mortgage interest and other expenses for business disruptions during the coronavirus pandemic.
The loan is supposed to be forgivable…