As if things weren’t hard enough for Nebraska’s small businesses, news comes that the Trump administration plans to claw back a chunk of the Paycheck Protection Program (PPP) funds legitimate businesses have used as a lifeline to keep their employees on the payroll.

When Congress passed PPP, the legislation made it clear that these loans would ultimately be forgiven if businesses used them for approved purposes, mostly payroll. And, the law ensured — in writing — that any forgiven amounts would not be taxable, meaning that businesses could use all those funds to keep folks employed.

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