We know that this a very challenging time for small businesses, and we are working diligently to assist and support our clients during this pandemic.
PayPlus recently licensed a robust PPP Forgiveness Tool to help business owners track accurate expenses for their PPP loans. We are making this tool available to our clients and others.
The tool calculates payroll and utility expenses and accounts for such matters as Covid-19 sick pay, the $100K salary cap, and EIDL grants that are factored into loan forgiveness.
While the tool itself is easy to use, we are also offering a half hour of training to get you started.
Watch this video (3.5 minutes) to see the software in action.