The Paycheck Protection Program closed on May 28, 2021. The SBA is no longer accepting new applications from participating lenders. The following FAQs are for informational purposes only and to assist borrowers who obtained...more
8/3/2021
/ CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Loan Forgiveness ,
Nonprofits ,
OMB ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Popular ,
Religious Institutions ,
SBA ,
Small Business
The Paycheck Protection Program closed on May 28, 2021. The SBA is no longer accepting new applications from participating lenders. The following FAQs are for informational purposes only and to assist borrowers who obtained...more
8/3/2021
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Independent Contractors ,
IRS ,
Loan Forgiveness ,
NAICS ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
SBA ,
Self Employed ,
Small Business ,
Tax Deductions
The Paycheck Protection Program closed on May 28, 2021. The SBA is no longer accepting new applications from participating lenders. The following FAQs are for informational purposes only and to assist borrowers who obtained...more
6/8/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
Borrowers ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Independent Contractors ,
Interim Final Rules (IFR) ,
IRS ,
Loan Forgiveness ,
NAICS ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Property Damage ,
Restaurant Industry ,
SBA ,
Small Business ,
U.S. Treasury ,
Vandalism
The Paycheck Protection Program closed on May 28, 2021. The SBA is no longer accepting new applications from participating lenders. The following FAQs are for informational purposes only and to assist borrowers who obtained...more
6/8/2021
/ American Rescue Plan Act of 2021 ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Joe Biden ,
Loan Forgiveness ,
Nonprofits ,
OMB ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Payroll Taxes ,
Popular ,
SBA ,
SBA Lending Programs ,
Small Business
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
5/19/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Joe Biden ,
Loan Forgiveness ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
SBA ,
Small Business
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
5/19/2021
/ American Rescue Plan Act of 2021 ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Employee Retention ,
For-Profit Corporations ,
Good Faith ,
Independent Contractors ,
Loan Forgiveness ,
NAICS ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Popular ,
Property Damage ,
SBA ,
Small Business ,
Sole Proprietorship ,
Tax Deductions
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
4/9/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
Borrowers ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Layoffs ,
Lenders ,
Loan Forgiveness ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Relief Measures ,
SBA ,
Small Business
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
4/9/2021
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Entertainment Industry ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
4/1/2021
/ Business Expenses ,
Business Interruption ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Employee Retention ,
Federal Loans ,
Financial Stimulus ,
Good Faith ,
Interim Final Rules (IFR) ,
Internal Revenue Code (IRC) ,
Loan Forgiveness ,
Nonprofits ,
OMB ,
Paid Time Off (PTO) ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Property Damage ,
Relief Measures ,
Religious Institutions ,
SBA ,
SBA Lending Programs ,
Small Business ,
Vandalism
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
4/1/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
Borrowers ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Entertainment Venues ,
Financial Stimulus ,
Independent Contractors ,
Interim Final Rules (IFR) ,
Loan Forgiveness ,
NAICS ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Public Venues ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Self Employed ,
Small Business ,
Tax Credits ,
Tax Deductions ,
Tax Returns ,
Trump Administration ,
U.S. Treasury
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
3/19/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Federal Loans ,
FinTech ,
Interest Rates ,
Internal Revenue Code (IRC) ,
Layoffs ,
Loan Forgiveness ,
Nonprofits ,
OMB ,
Paycheck Protection Program (PPP) ,
PayPal ,
Payroll Expenses ,
Relief Measures ,
SBA ,
Small Business
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
3/19/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Federal Loans ,
Final Rules ,
For-Profit Corporations ,
Independent Contractors ,
Interest Rates ,
IRS ,
Layoffs ,
Loan Forgiveness ,
NAICS ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Property Damage ,
Restaurant Industry ,
SBA ,
Self Employed ,
Tax Deductions ,
U.S. Treasury ,
Unemployment Benefits
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
3/9/2021
/ Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Federal Grants ,
FinTech ,
Good Faith ,
Layoffs ,
Loan Forgiveness ,
Nonprofits ,
OMB ,
Paid Leave ,
Paycheck Protection Program (PPP) ,
PayPal ,
Payroll Expenses ,
Personal Protective Equipment ,
Property Damage ,
Religious Institutions ,
SBA ,
Vandalism ,
Ventilation Systems ,
Workplace Safety
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
3/9/2021
/ Biden Administration ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Fraud ,
Independent Contractors ,
Loan Forgiveness ,
NAICS ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
SBA ,
U.S. Treasury
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
2/15/2021
/ Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Loan Forgiveness ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
SBA ,
Trump Administration
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more
2/15/2021
/ Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
SBA ,
Small Business ,
U.S. Treasury
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits...more
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits...more
1/25/2021
/ Borrowers ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
SBA ,
Small Business ,
U.S. Treasury
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits...more
1/18/2021
/ Borrowers ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Loan Forgiveness ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
Tax Credits
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits...more
1/18/2021
/ Borrowers ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
SBA ,
Small Business ,
Tax Deductions ,
U.S. Treasury
The Paycheck Protection Program closed on August 8. The SBA is no longer accepting new applications from participating lenders. The following FAQs are for informational purposes only and to assist borrowers who obtained PPP...more
11/17/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Loan Applications ,
Loan Forgiveness ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program and Health Care Enhancement Act ,
SBA ,
SBA Lending Programs ,
Small Business ,
Small Business Loans
The Paycheck Protection Program closed on August 8. The SBA is no longer accepting new applications from participating lenders. The following FAQs are for informational purposes only and to assist borrowers who obtained PPP...more
11/17/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Independent Contractors ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Payroll Expenses ,
Popular ,
SBA ,
SBA Lending Programs ,
Small Business
What is the Paycheck Protection Program?
The PPP is a loan program that allows eligible borrowers to obtain loans on favorable terms to cover payroll and other eligible expenses (rent, utilities, certain health care...more
1.PAYCHECK PROTECTION PROGRAM-
The Paycheck Protection Program closed on August 8. The SBA is no longer accepting new applications from participating lenders.
The federal government created several forms of financial relief...more
8/26/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Fair Labor Standards Act (FLSA) ,
Hiring & Firing ,
Layoffs ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Popular ,
Small Business
What is the Paycheck Protection Program?
The Paycheck Protection Program (“PPP”) is a loan program created by the federal CARES Act, which authorized $349 billion in forgivable loans to nonprofits, among other business...more
8/25/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Hiring & Firing ,
Loan Forgiveness ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Paycheck Protection Program Lending Facility (PPPLF) ,
Payroll Expenses ,
Religious Institutions ,
Rent ,
SBA