Two employees from Gusto customer American Canning

Loan forgiveness for small businesses

Apply now for the Paycheck Protection Program (PPP) loan.

Two employees from Gusto customer American Canning

Unfortunately, lenders are no longer accepting PPP applications at this time. We’ll continue to track legislation and update this page as we learn more.

What is the Paycheck Protection Program?

As part of the government CARES Act, the Paycheck Protection Program was created to help small businesses navigate COVID-19 by offering forgivable loans. As long as the loan is put only towards eligible payroll and business expenses, it does not need to be repaid.

Get 2.5x your monthly payroll, up to $10 million

Follow rules to get loan forgiveness

Cover paychecks for re-hired employees

Apply now before funds run out.

Applications should be submitted by August 8th, 2020 but, in general, it’s best to apply as soon as possible.


Review rules and eligibility.

Almost all small businesses qualify. But your loan will only be forgiven in eight weeks if you make sure:

  • At least 60% covers payroll costs (including benefits)
  • No more than 40% covers existing rent, utilities, and mortgage interest
  • Headcount or wages haven’t been reduced as a result of COVID-19

Gather your payroll information.

You’ll need documentation that proves your average monthly payroll.

Gusto customers can fast-track this process. Sign in to calculate your total loan and download your payroll report.

Sign in to your Gusto account

Apply through a lender.

The government requires you to apply for this loan through an approved lender.

We’ve partnered with lenders ready and able to serve your business so you can get started now.

Enter your email to find a lender

Questions? Here’s a breakdown.

Apply now

These funds won’t last. Connect with a trusted lender to get the money your business needs now.