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

   www.investopedia.com › your-guide-to-the-paycheck

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   Aug 8, 2023 · 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 ...

   • Author: Jim Probasco

2. www.npr.org › 2024/01/09 › 1223786937Some companies are paying back PPP loans when they ... - NPR

   www.npr.org › 2024/01/09 › 1223786937

   Jan 9, 2024 · Most Paycheck Protection Program loans have been forgiven despite billions of dollars going to undeserving recipients. But some companies are voluntarily paying back their loans.

3. People also ask

   What is a Paycheck Protection Program (PPP) loan?

   • 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 first-draw PPP loans were available for the lesser of $10 million or 2.5 times a company's average monthly payroll.

   What Was Third-Round Paycheck Protection Program (PPP) Funding?

   www.investopedia.com/your-guide-to-the-paycheck-protection-program-ppp-and-how-to-apply-4802195

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   When did the Paycheck Protection Program stop accepting new applications?

   • The Paycheck Protection Program was enacted as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). All of the Paycheck Protection Program's original $349 billion was allocated between April 3 and April 16, 2020. The Small Business Administration stopped accepting new PPP applications on April 16, 2020.

   Paycheck Protection Program - Wikipedia

   en.wikipedia.org/wiki/Paycheck_Protection_Program

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   When does the Paycheck Protection Program expire?

   • The bill extends the covered period of the Paycheck Protection Program from March 31, 2021, to June 30, 2021, by amending the Small Business Act and CARES Act. It passed the House on March 16, 2021, in a bipartisan vote (415–3).

   Paycheck Protection Program - Wikipedia

   en.wikipedia.org/wiki/Paycheck_Protection_Program

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   How long will the Paycheck Protection Program (PPP) last?

   • On Feb. 22, 2021, the White House announced five changes to the Paycheck Protection Program (PPP). One change had a set term of two weeks. The other four would be effective until at least the end of March 2021.

   What Was Third-Round Paycheck Protection Program (PPP) Funding?

   www.investopedia.com/your-guide-to-the-paycheck-protection-program-ppp-and-how-to-apply-4802195

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4. www.fincen.gov › sites › defaultPaycheck Protection Program Frequently Asked Questions (FAQs)

   www.fincen.gov › sites › default

   As of February 1, 2021. The Small Business Administration (SBA), in consultation with the U.S. Department of the Treasury, has been issuing FAQs1 regarding implementation of the Paycheck Protection Program (PPP), established by section 1102 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act).

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

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   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 ...

6. www.sba.gov › sites › defaultPAYCHECK PROTECTION PROGRAM - Small Business Administration

   www.sba.gov › sites › default

   the PPP Loan Disbursement Date (referred to as the Alternative Payroll Covered Period). However, if a borrower pays twice a month or less frequently, it will need to calculate payroll costs for partial pay periods. The Covered Period or Alternative Covered Period for any borrower will end no later than December 31, 2020.

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8. home.treasury.gov › system › filesPAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET:

   home.treasury.gov › system › files

   ***Note: This document does not reflect program changes under the Paycheck Protection Program Flexibility Act of 2020, enacted on June 5, 2020*** periods for your calculation. Payroll costs will be capped at $100,000 annualized for each employee. How much of my loan will be forgiven? You will owe money when your loan is due if you use