Federal lawmakers agreed to a second round of stimulus legislation late last night, sending a nearly 6,000-page bill to President Trump for his expected signature. The proposal allocates $900 billion in economic relief to...more
12/23/2020
/ Borrowers ,
Business Expenses ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Employee Retention ,
Employer Liability Issues ,
Families First Coronavirus Response Act (FFCRA) ,
Federal Loans ,
Financial Stimulus ,
Flexible Spending Accounts ,
Income Taxes ,
Loan Applications ,
Loan Forgiveness ,
Paid Leave ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
Reporting Requirements ,
Retail Workers ,
Return-to-Work Agreements ,
Small Business ,
Small Business Loans ,
Tax Benefits ,
Tax Deductions ,
Unemployment Benefits
The Small Business Administration (SBA) has released loan necessity questionnaires that lenders must issue to over 50,000 borrowers that received $2 million or more in funds from the Paycheck Protection Program (PPP) – and...more
After much discussion and debate, Congress just passed the Paycheck Protection Program Flexibility Act, which will implement substantial changes to the Paycheck Protection Program (PPP). President Trump is expected to sign...more
The Small Business Administration finally released its much anticipated forgiveness application for borrowers who received a Paycheck Protection Program (PPP) loan. It has been nearly two months since the program was signed...more