Law Firm and PPP Forum

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tlsadmin3

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Law Firm and PPP

Post by tlsadmin3 » Tue Oct 06, 2020 6:07 pm

The Paycheck Protection Program (PPP) Loans helped many businesses and law firms get through the slow down caused by the pandemic. Philadelphia law firms alone received at least $228 million from the PPP loan program; this was the most money received by any industry in that area. Many of these loans could potentially be forgiven if 60% of the loan was used for payroll. Did your law firm take advantage of the PPP loans?


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