A Quick Recap of the First Draw of PPP Loan The unwelcomed outbreak of covid-19 has painfully hit the small businesses, dragging them on the page of financial fragility, layoffs, and complete closure of the business. In response to the myriad miseries caused by Covid-19, the U.S government presented the Coronavirus Aid, Relief, and Economic… Read more »
Posts Categorized: PPP Loans
What is the Paycheck Protection Program?
The Coronavirus Aid Relief & Economic Security (CARES) Act’s Paycheck Protection Program has made loans available to the small businesses, as part of the $2 trillion aid package unveiled in the Coronavirus Aid Relief & Economic Security, $349 billion was explicitly allotted to the Payment Protection Program (PPP). The purpose of the Paycheck Protection Program… Read more »
Paycheck Protection Program Loans Available Through Coronavirus Stimulus Bill
Paycheck Protection Program Loans Available Through Coronavirus Stimulus Bill We got a knack at this; the coronavirus outbreak has made businesses nearly eschew as the persistent conditions were not favorable and compelled companies to land for a disastrous turn. But as we are acquainted with a famous proverb; all well when the end is well…. Read more »