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

See a list of lenders participating in this round of PPP on the Gusto blog. You don’t need to be a Gusto customer to get a 100% forgivable loan.

What is the Paycheck Protection Program?

The Paycheck Protection Program was established in April 2020 under the CARES Act 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.


Review rules and eligibility.

Almost all small businesses qualify. But your loan will only be forgiven for the covered period if you make sure:

  • At least 60% covers payroll costs (including benefits)
  • No more than 40% covers existing rent, utilities, mortgage interest, and other eligible expenses

See detailed eligibility rules for PPP Round 2.


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’re partnering with lenders ready and able to serve your business so you can get started.

Apply through one of
Gusto's lending partners.

Questions? Here’s a breakdown.

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