Do I still qualify if we already took the PPP?

The Consolidated Appropriations Act has provided a new opportunity for businesses to qualify for the Employee Retention Credit (ERC) even if they have already received a Paycheck Protection Program (PPP) loan. This is a significant change that allows businesses to take advantage of both programs and receive much-needed financial assistance during these challenging times.

It is important to note, however, that the ERC will only apply to wages that have not been used for the PPP. This means that businesses will need to carefully track their expenses and ensure that they are not using the same wages for both programs.


About the Author

Brian Thompson

Brian Thompson is a freelance writer who supports our website and is specializing in accounting, finance, and business. He brings a mix of research and communications skills to the table. With a background in editorial writing and content marketing, he provides insightful, informative content for B2B and SaaS companies.

Read more by Brian

Questions about ERC Credits? We can help!

Contact Us Today!

We use cookies
This website uses cookies to ensure its proper operation and to improve user experience. By using our website you consent
to all cookies in accordance with our Cookie Policy.