It's called a loan, but really it's free money since the loan will be forgiven if you don't reduce your payroll over the next 8 weeks.<p>Because of expected volume, banks will only process loans for companies who already bank with them, so I highly encourage you to work with you bank on this. We also expect the money to run out quickly, so this is not something you want to wait on.<p>Gusto can provide PPP reports that you can take to your bank to streamline the loan process.