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  2. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    The Paycheck Protection Program Flexibility Act of 2020 amended the Paycheck Protection Program. [112] Loan forgiveness was expanded from eight weeks of eligible costs to the 24 weeks or December 31, 2020, whichever is earlier; alternatively, a business whose PPP loan was made before June 5 may opt to use the eight-week period instead. [ 88 ]

  3. SBA ramps up PPP loan forgiveness as big banks like ... - AOL

    www.aol.com/finance/ppp-ramps-loan-forgiveness...

    The new online portal is reportedly designed to streamline the process both for borrowers and for the program’s nearly 5,500 lenders. Since 2020, it has provided more than 11.7 million loans ...

  4. IRS provides new guidance on PPP forgiveness timing - AOL

    www.aol.com/news/irs-provides-guidance-ppp...

    The IRS recently issued three revenue procedures providing guidance with respect to the timing of tax-exempt income from PPP loan forgiveness.

  5. For small business loan program, forgiveness may be the ... - AOL

    www.aol.com/finance/2020-05-01-for-small...

    The second round of the Small Business Administration's Paycheck Protection Program launched on Monday, allowing lenders to issue forgivable, government-guaranteed loans to small businesses ...

  6. Paycheck Protection Program and Health Care Enhancement Act

    en.wikipedia.org/wiki/Paycheck_Protection...

    Provisions of the Paycheck Protection Program and Health Care Enhancement Act include the following. Appropriates an additional $320 billion of funding for the Paycheck Protection Program, which provides low-interest loans for payroll costs and other expenses to small businesses that are forgivable under certain circumstances. [19]

  7. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. [2] It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic. [3]

  8. Gusto, Inc. - Wikipedia

    en.wikipedia.org/wiki/Gusto,_Inc.

    In 2020, Gusto has built more than 50 new products in the last year directed toward helping small businesses. Releases included customizable payroll reports, a simplified Paycheck Protection Program (PPP) Loan Forgiveness tracker and a streamlined PPP application report that’s been downloaded more than 80,000 times to date. Nationwide, Gusto ...

  9. Second Stimulus Bill: Paycheck Protection Plan Loans - AOL

    www.aol.com/second-stimulus-bill-paycheck...

    This program began with the first coronavirus stimulus package, passed in March 2020. This round of the PPP provides funding for up to $284 billion in loans. Second Stimulus Bill: Paycheck ...

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