COMPLETING THE PPP APPLICATION

COMPLETING THE PPP APPLICATION

A sample application can be found here. For purposes of calculating “Average Monthly Payroll”, most Applicants will use the average monthly payroll for 2019, excluding costs over $100,000 on an annualized basis for each employee. For new businesses, average monthly... Read More
COMPLETING THE PPP APPLICATION

COMPLETING THE PPP APPLICATION

A sample application can be found here. For purposes of calculating “Average Monthly Payroll”, most Applicants will use the average monthly payroll for 2019, excluding costs over $100,000 on an annualized basis for each employee. For new businesses, average monthly... Read More
CARES ACT SUMMARY

CARES ACT SUMMARY

The recently passed Coronavirus Aid, Relief and Economic Security (CARES) Act provides $2 trillion in emergency aid to businesses and individuals impacted by the COVID-19 crisis.  The 880-page legislation is very complex.  The content below is our best explanation and... Read More
CARES ACT SUMMARY

CARES ACT SUMMARY

The recently passed Coronavirus Aid, Relief and Economic Security (CARES) Act provides $2 trillion in emergency aid to businesses and individuals impacted by the COVID-19 crisis.  The 880-page legislation is very complex.  The content below is our best explanation and... Read More
SMALL BUSINESS DISASTER LOANS

SMALL BUSINESS DISASTER LOANS

The U.S. Small Business Administration (SBA) is providing Economic Injury Disaster Loans (EIDL) of up to $2 million to for small businesses affected by disaster to help meet working capital needs or normal business operating expenses through the recovery period.... Read More