Ads
related to: paycheck protection program loan lookup toolbestmoney.com has been visited by 100K+ users in the past month
Search results
Results From The WOW.Com Content Network
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days. During those 13 days, 1.6 million loans were approved by nearly 5,000 banks and other lenders. [3]
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]
The Palm Beach County State Attorney's Office in 2023 created a task force to investigate fraudulent Paycheck Protection Program claims, with charges to be pursued at the state level.
The Small Business Administration announced that the Paycheck Protection Program loan portal opens Friday, Jan. 15 at 9 a.m. ET for PPP-eligible lenders with $1 billion or less in assets.
Kelly's car dealerships received Paycheck Protection Program loans of between $450,000 and $1.05 million to keep staff on the payroll during the coronavirus pandemic. [9] The figure was later estimated to be a combined amount of $974,100. [10] The loan program was primarily intended to protect employee pay during the COVID-19 pandemic. The ...