Legislation
20 Second Advisor: Get in line! More funds for small business during COVID-19.
One of the more popular programs of the recent CARES Act was the Paycheck Protection Program (PPP). Under the PPP, impacted businesses can apply for loans to cover payroll, rent, utilities, etc. If the proceeds are used to retain and pay employees, the loan can be forgiven. Up to 2.5 months (10 weeks) of payroll…
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