Tag Archives: PPP Loan

Everything You Need to Know About Employee Retention Credit for Small Businesses!

COVID-19 not only took a heavy toll on businesses from the readily recognized standpoint of lost sales and services revenues that were not or could not be generated but also on the proverbial back end, as businesses still had to deal with the mounting challenges of having to meet their financial commitments and responsibilities toContinue reading “Everything You Need to Know About Employee Retention Credit for Small Businesses!”

Small Businesses In New Jersey – How To Apply for Your PPP Loan Forgiveness!

Regarded by some as a necessary evil in the midst of these extraordinarily challenging times, not only to help keep small businesses afloat and hopefully remain prosperous, but also to help keep Americans employed and the economy chugging along during COVID-19, the Paycheck Protection Program, also known as the PPP, has provided the necessary meansContinue reading “Small Businesses In New Jersey – How To Apply for Your PPP Loan Forgiveness!”

What You Need To Know About The PPP Loan EZ Forgiveness Application Form

Part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act was the $669 billion Paycheck Protection Program (PPP). As the year comes to a close, businesses are looking to apply for loan forgiveness where applicable and repay unused or unneeded funds. The original Revised Full Forgiveness Application was quite complicated and covered several aspects that wouldn’tContinue reading “What You Need To Know About The PPP Loan EZ Forgiveness Application Form”

New Legislation Adjusts Rules of Paycheck Protection Program

The Small Business Association (SBA) launched the Paycheck Protection Program (PPP) in response to the coronavirus pandemic. Although it’s a loan program, it is entirely forgivable when businesses use it appropriately and document the usage. And now, there’s new legislation that adds further flexibility to how you can spend the money to make it simpler for businessContinue reading “New Legislation Adjusts Rules of Paycheck Protection Program”

What You Need To Know About PPP And EIDL Small Business Loans

While 2020 started off strong, the impact of the coronavirus pandemic has hit businesses hard. In light of these trying times, the US federal government passed the CARES Act, which includes two loan programs. The Paycheck Protection Program (PPP) helps with ensuring businesses can meet their payroll requirements, including paying themselves as independent contractors. IfContinue reading “What You Need To Know About PPP And EIDL Small Business Loans”