What is the Paycheck Protection Program?

As part of the CARES Act, the government released the Paycheck Protection Program (PPP) to help protect and sustain US small businesses during the COVID-19 pandemic. As long as the loan amount is used towards payroll and eligible business expenses, it does not have to be repaid and will be fully forgiven.

What does a Pay Stub look like?

A pay stub is part of a paycheck that enumerates information about the employee’s pay. It lists the wages earned for the pay period and year-to-date payroll. The pay stub also attests to taxes and other deductions taken out of an employee’s income. And, the pay stub shows the amount the employee receives (net pay).