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FT R A D Madison County Council of Governments 16 E. 9th Street, Room 100 Anderson, IN 46016 Adopted Date: August 2014 Amended Date: No Amendments to date INTRODUCTION FT UndertheregulationsoftheMovingAheadforProgressinthe21stCenturyAct(MAP21),
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What is ppp cover - month?
PPP cover - month refers to the Payment Protection Program loan forgiveness application form that borrowers must submit to their lenders each month to request forgiveness for their PPP loan.
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All borrowers who received a PPP loan and are seeking loan forgiveness are required to file PPP cover - month.
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The purpose of PPP cover - month is to document how borrowers have used their PPP funds and to request forgiveness for the loan.
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Borrowers must report on payroll costs, non-payroll costs, full-time equivalent employee counts, and other required information specified on the PPP cover - month form.
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