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The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for payroll and certain other costs. A PPP loan amount is approximately equal to 2.5 times the applicant's average monthly payroll costs.
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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.
Together, Dodge and his wife and co-conspirator, Tammy Dodge, attempted to obtain $2.5 million in COVID-19 relief funds by setting up fake businesses to obtain money from the Paycheck Protection ...
Tax debt relief is a way the government helps you when you can’t afford to pay your tax bill. This comes in the form of a payment plan or a settlement in which the IRS agrees to settle your tax ...
In addition, Ellis admitted to obtaining nearly $300,000 in PPP funds and other relief aid in connection with an entity she lied about owning, according to authorities.
The Act included $300 billion in unemployment benefits that were scheduled to extend through Labor Day 2021, as well as an expanded child tax credit. In addition, the Act called for the distribution of $50 billion to small businesses and another $25 billion for relief for small and mid-sized restaurants.
The job cuts would mean at least 32,000 layoffs throughout the industry without federal payroll stimulus help, airlines say.
Offseason. On October 2, 2023, the Mets formally introduced David Stearns as their new president of baseball operations. They also mutually parted ways with manager Buck Showalter, who led the Mets to a wild card berth in 2022 in which the Mets lost in three games to the San Diego Padres, but failed to improve on that in 2023 as the Mets went 75–87 and traded away pitchers Max Scherzer and ...
PPP caps payroll costs at $100,000 on an annualized basis per employee. ... Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in.