Tag Archives: PPP

New PPP rules from SBA aimed at clarifying loan forgiveness

getty The U.S. Small Business Administration, which manages the Payroll Protection Program (PPP), began applying for loan relief on August 10th. Just two weeks later, the bureau, in conjunction with the Treasury Department, issued additional guidelines on forgiveness of designed pandemic loans to keep workers on payroll. If you are …

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GOP coronavirus relief package receives a warm welcome from business groups

Business groups from badly affected industries applauded provisions of the coronavirus relief package for approximately $ 1 trillion Republicans in the Senate, released Monday. The GOP plan would expand eligibility for the Paycheck Protection Program (PPP) to nonprofit or quasi-governmental tourism marketing organizations, which the travel industry lobby group has …

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