WebJan 28, 2024 · In April 2024, Congress authorized over $300 billion in additional PPP funding. The PPP allows qualifying small businesses and other organizations to receive … WebApr 30, 2024 · PPP reimbursement covers salaries with a cap of $100,000. All employees regardless of salary above 100,000 are eligible to be counted in PPP loan forgiveness. …
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WebJun 30, 2024 · Some businesses returned their first PPP loan or didn’t get the full amount they should have. The third category was to cover those eventualities. Terms & Conditions … WebJan 18, 2024 · Michigan businesses took advantage of $16 billion worth of loans in the first PPP round. About 127,000 businesses in the state were awarded funds, averaging … synonym for ravished
PPP Loans for 1099 Independent Contractors - SBA
WebOct 6, 2024 · The Small Business Administration (SBA) flagged nearly 2.3 million Paycheck Protection Program (PPP) loans worth at least $189 billion — about a quarter of the roughly $800 billion lent out — for further review between August 2024 and September 2024, according to a massive dataset obtained by the Project On Government Oversight (POGO) … Web1 day ago · These individuals undermined a government program designed to save American businesses.” ... received a PPP loan for $20,000 and a federal COVID-19 Economic Impact Disaster Loan for $10,000. WebOct 15, 2024 · Self-employed individuals can utilize both PPP loans and EIDL. Although the funds for the PPP program are largely already dispersed (the deadline for applying was … synonym for razor sharp