How to Make Sense of the PPP Loan Program for VC-Backed Startups
Both Sides of the Table
APRIL 6, 2020
If you do massive layoffs (RIFs) you can assume that you will need to repay your loan since the intent of the loan is to protect jobs. Below lists how the loan program is calculated. If you maintain your employment level at your current rate much of this loan can be forgiven but it’s likely that a portion of it will not be.
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