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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-employed workers, sole proprietors, certain nonprofit organizations ...
The Employee Retention Credit ( ERC ), sometimes called the Employee Retention Tax Credit ( ERTC ), [1] is a U.S. federal tax credit that was available to certain employers, most recently during the COVID-19 pandemic. It was originally designed to help employers who were not eligible for a Paycheck Protection Program loan, but it was later ...
Signed into law by President Donald Trump on April 24, 2020. Paycheck Protection Program and Health Care Enhancement Act ( H.R. 266) is a $484 billion law that increases funding to the Paycheck Protection Program and also provide more funding for hospitals and testing for COVID-19 .
Later that morning, 17 BSO employees appeared in Fort Lauderdale federal court on charges of fleecing the Paycheck Protection Program, the main pandemic relief benefit for struggling...
The Paycheck Protection Program has been a popular vehicle for helping small businesses survive the COVID-19 crisis -- so popular that it has run out of money for most borrowers nearly a...
MASSACHUSETTS — More than 18,000 Massachusetts businesses and nonprofits received loans of $150,000 or more from the Paycheck Protection Program, or PPP, to help pay their employees during...
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