- Employee and compensation levels were maintained
- The loan proceeds were spent on payroll costs and other eligible expenses
- At least 60% of the proceeds were spent on payroll costs
Visit the Lubin School of Business at Pace University's PPP forgiveness page for more information regarding the forgiveness process. If you have questions regarding PPP loan forgiveness or need help to apply, contact the Pace SBDC business advisor team for one-on-one business counseling, all offered at no cost.