Monthly Archives: April 2020

Payroll Protection Program (New Appropriations Allocated as of April 23, 2020)

The CARES Act established the Paycheck Protection Program intended to provide eligible small businesses with eight weeks of cash-flow assistance as a direct incentive to keep their workers on the payroll. The loans are 100 percent federally guaranteed loans from the U.S. SBA. The amount any small business is eligible to borrow and be forgiven is 250…
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