Can You Apply for the Employee Retention Credit If You Got PPP Funds?
Yes, you can apply for the Employee Retention Credit even if you received PPP funds. Employers that received PPP funds are eligible for the Employee Retention Credit. Although both PPP or Payroll Protection Program and ERC or Employee Retention Credit are programs that come under the CARES Act, they are not anyways the same and are not an either/or option for businesses. ERC and PPP are two entirely different programs.