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Paycheck Protection Program - Wikipedia
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 ...
Paycheck Protection Program | U.S. Department of the Treasury
Second Draw PPP Loans – How to Calculate Revenue Reduction and Maximum Loan Amounts Including What Documentation to Provide (3/12/2021) Loan Forgiveness Factsheet (10/30/2020) PPP – Loan Forgiveness Application and Instructions for Borrowers who Received a PPP Loan of $150,000 or Less – Form 3508S (7/30/2021)
PPP loan forgiveness | U.S. Small Business Administration
How to apply for forgiveness. Each forgiveness form has unique instructions for documentation that must be submitted with your loan forgiveness application. For detailed instructions, refer to your chosen forgiveness form for clear guidance. For loans of $150,000 and below: SBA form 3508S PPP Loan Forgiveness Application + Instructions.
What Was Third-Round Paycheck Protection Program (PPP) Funding?
A third round of Paycheck Protection Program (PPP) loans was authorized by the passage of H.R. 133: Consolidated Appropriations Act, 2021 into law on Dec. 27, 2020. Based on the CARES Act, the ...
PPP 2.0: How to Apply for a New PPP Loan - NerdWallet
Second PPP loans have a $2 million maximum and generally use the 2.5 times average monthly payroll guideline. But the hard-hit accommodation and food service industries can borrow up to 3.5 times ...
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