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The U.S. Small Business Administration has posted an Interim Final Rule on Loan Forgiveness which serves to codify guidance in the forgiveness application package. Link here.  

The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established by section 1102 of the Coronavirus...

The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established by section 1102 of the Corona virus...

Now that many motor vehicle dealerships have successfully received their PPP loan proceeds, there are a number of considerations which should be weighed before spending loan proceeds, including whether your business continues to qualify for the loan and, if so, how best to maximize the loan forgiveness...