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      • The Paycheck Protection Program (PPP) is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act designed by Congress to help small businesses by providing forgivable federally guaranteed loans to maintain their payroll during the pandemic era economic shutdowns.
      tax.thomsonreuters.com › en › glossary

      Paycheck Protection Program: Overview & FAQs | Thomson Reuters

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  3. ppp-certification.com › ppp-certification-guide › 1010. An Overview of the PPP Process Cycle: How to Prepare ...

    The standard PPP process cycle described in this PPP Guide involves initial analysis of the project economics and PPP screening in the Identification and Screening Phase, followed by a detailed appraisal of the project both as a technical solution and as a PPP during the Appraisal Phase.

  4. www.investopedia.com › your-guide-to-the-paycheckWhat Was Third-Round Paycheck Protection Program (PPP) Funding?

    Aug 8, 2023 · Key Takeaways. 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...

    • Jim Probasco

  5. www.kiplinger.com › business › small-businessPPP Loan Basics for Small Business Owners | Kiplinger

    Mar 30, 2021 · Borrowers can apply for a PPP loan through any existing Small Business Administration 7 (a) lender or through any federally insured bank, credit union, eligible nonbank lender, or Farm Credit...

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  6. en.wikipedia.org › wiki › Paycheck_Protection_ProgramPaycheck Protection Program - Wikipedia

    The purpose of the Paycheck Protection Program and loan forgiveness is to provide economic relief to small businesses and certain other entities that have been adversely impacted by the COVID-19 pandemic. According to a 2022 study, the PPP:

  7. tax.thomsonreuters.com › en › glossaryPaycheck Protection Program: Overview & FAQs | Thomson Reuters

    Jan 5, 2024 · What is the Paycheck Protection Program? The Paycheck Protection Program is a 2020 program that offered forgivable loans to small businesses during the COVID-19 pandemic, providing funds to maintain payrolls, hire back laid-off employees, and cover expenses such as rent, mortgage interest, and utility bills.

  8. www.sba.gov › sites › defaultPaycheck Protection Program (PPP) Loans FAQ

    No. In addition to small business concerns, a business is eligible for a PPP loan if the business has 500 or fewer employees whose principal place of residence is in the United States, or the business meets the SBA employee-based size standards for the industry in which it operates (if applicable). Similarly, PPP loans are also available for

  9. www.ericksenkrentel.com › insights › blogSBA Paycheck Protection Program (PPP) Loans Explained

    May 14, 2020 · The PPP will be used to fund forgivable loans to help small businesses retain their employees during the economic downturn caused by the COVID-19 pandemic. PPP loans will be administered through the U.S. Small Business Administration (“SBA”). SBA rules, terms and guidance on the PPP have been very fluid and are subject to change.

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