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Paycheck Protection Program (PPP)
The Paycheck Protection Program (PPP) provided forgivable loans to help businesses and non-profits keep their workforce employed during the Coronavirus (COVID-19) crisis. PPP loans can be used to help fund payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.
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