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  1. Sep 16, 2021 · A new round of COVID-19 relief legislation provides $284 billion in additional PPP loan funds for small businesses. The legislation mandates that $35 billion of that money will go to first-time ...

  2. A PPP loan had a maturity of 2-5 years, an interest rate of 1.00%, and could function like a grant if businesses met certain forgiveness criteria. BVSUP-00013. Forgiveness eligibility. PPP borrowers don’t need to repay their loan if it is forgiven.

  3. Employers that promote vaccination against COVID-19 may be eligible to receive a tax credit. Find a vaccine provider (Vaccines.gov) Quick start guide - preparing your workforce for vaccine requirements. Small business guide - strengthening workplace vaccination & safety. COVID-19 vaccines - a conversation guide for managers.

  4. Mar 4, 2021 · Lenders typically decide when to submit individual PPP loan applications to SBA. Therefore, any questions or concerns regarding individual PPP loan applications must be directed to your lender. If you are unsure about your PPP loan status, or if your PPP loan application has been flagged due to data anomalies, please contact your lender to get ...

  5. If your loan amount is $150,000 or less, please use SBA Form 3508S. Do not submit this Checklist with your SBA Form 3508EZ. Each PPP loan must use a separate loan forgiveness application form. You cannot use one form to apply for forgiveness of both a First Draw PPP Loan and a Second Draw PPP loan.

  6. May 15, 2020 · The PPP was created by the CARES Act to provide forgivable loans to eligible small businesses to keep American workers on the payroll during the COVID-19 pandemic. The documents released today will help small businesses seek forgiveness at the conclusion of the eight week covered period, which begins with the disbursement of their loans.

  7. Sep 21, 2022 · The PPP loan program was further extended by the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act. Under the terms of the PPP loan program, lenders can forgive the full amount of the loan if the loan recipient meets three conditions. The loan recipient was eligible to receive the PPP loan. An eligible loan recipient:

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