ppp-loan-forgiveness 
Netchex HR Blog
JUNE 3, 2020
Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness. Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll.
Homebase
APRIL 21, 2020
While we await word on the government’s decision in terms of replenishing the loan program, let’s break down what the PPP is, who’s eligible to receive the funding, and how to apply so you can be prepared to receive a loan when it’s back open for business. . Who is eligible for a PPP loan? You can apply for 2.5
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Netchex HR Blog
JULY 1, 2020
This latest extension of the popular relief program gives small businesses through August 8 to apply for the loan. So far, the program has allocated $520 billion in loans to nearly five million businesses nationwide. . The legislation now heads to the House and will require the President’s signature afterward to be finalized.
Extensis
JUNE 8, 2023
Tips for Keeping Your Business Compliant and Productive Quick look: Managing payroll can be complex and time-consuming, involving multiple tasks like calculating wages, withholding taxes, and filing reports. With so many moving parts, it’s no surprise that payroll mistakes happen and can have serious consequences for businesses.
Netchex HR Blog
APRIL 24, 2020
million applications were approved, totaling $349 billion in loans from 4,975 lending institutions. Lawmakers have agreed to add an additional $310 billion to the Paycheck Protection Program (PPP) fund. This had a lot of people crying foul, which even sparked some those companies (including Shake Shack) to return their loans.
Extensis
MARCH 23, 2023
Unfortunately, a missed payroll comes at a much higher cost than simply workforce disruption. Here’s a glimpse of what employers may face when payroll is missed and why having a PEO partner is a strategic business move. Regardless of the circumstances, employers are legally required to pay their employees on time.
PeopleStrategy
APRIL 3, 2020
FFCRA Provisions that Impact Payroll Taxes. CARES Act Provisions that Impact Payroll Taxes. Employee Retention Credit : This credit is designed to encourage businesses to keep employees on their payroll. The PPP will be available through June 30, 2020. SBA Coronavirus Loan Resources. IRS Coronavirus Tax Relief.
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