Congress approved a second round of PPP loans in 2021 called the Consolidated Appropriations Act. Included in its almost 5,600 pages is a second draw of forgivable Paycheck Protection Program (PPP) loans. The first round allowed loans to businesses with 500 or fewer employees. It also had allowances for loans to certain businesses with multiple …
Paycheck Protection Program
Loan Application Period for The Paycheck Protection Program has been Extended
If you missed the opportunity to apply for a Paycheck Protection Program (PPP) loan – you now have another chance! The Paycheck Protection Program has been extended, allowing you more time to file. Congress overwhelmingly voted to extend the application period for a PPP loan through August 8, 2020. This gives folks an additional 5½ …
Loan Application Period for The Paycheck Protection Program has been ExtendedRead More
What is the Paycheck Protection Program and Health Care Enhancement Act?
President Trump has signed the Paycheck Protection Program and Health Care Enhancement Act (PPP & HCE Act). This Act, a $484 billion package was passed by both the Senate and the House on April 20, 2020. PPP & The CARES Act Following the passage of the $2.2 trillion CARES Act stimulus package at the end of March, …
What is the Paycheck Protection Program and Health Care Enhancement Act?Read More