The Owner-Operator's Guide to PPP Loan Forgiveness
Thousands of owner-operator truck drivers have received loans from the Payroll Protection Program (“PPP”). The next step is to ensure that as much of the loan will be forgiven as possible. In order to do this, loan recipients must use the funds as they were intended by Congress and the Small Business Administration (“SBA”). Loan recipients must also properly document the use of the funds according to loan forgiveness requirements.
In order to maximize your loan forgiveness, ATBS is here to help. Our team has analyzed the continuously changing guidance provided by the SBA, IRS, and the U.S. Treasury Department, and have provided our analysis in this eBook created specifically for owner-operator truck drivers.
Our goal is to help you navigate this process so you can keep your trucking operation moving. ATBS will continue to update this eBook as things change or more information becomes available, so please check back often.