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  2. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    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 ...

  3. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    An employer that has already filed its Form 941 for each quarter may file a Form 941-X with the IRS in order to request the tax credit be refunded to it by a check by mail. [3] An employer may file Form 941-X to receive a tax refund up to three years and four months after the end of the calendar year if the original Form 941 was filed before ...

  4. Paycheck Protection Program and Health Care Enhancement Act

    en.wikipedia.org/wiki/Paycheck_Protection...

    The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days. During those 13 days, 1.6 million loans were approved by nearly 5,000 banks and other lenders. [3]

  5. SBA ramps up PPP loan forgiveness as big banks like ... - AOL

    www.aol.com/finance/ppp-ramps-loan-forgiveness...

    The initiative is only for loans of $150,000 or less, which make up 92% of the PPP loans distributed. The new online portal is reportedly designed to streamline the process both for borrowers and ...

  6. NJ man pleads guilty to getting $900,000 COVID loan for fake ...

    www.aol.com/nj-man-pleads-guilty-getting...

    McKeon later submitted a loan application application to the lender. The federal Small Business Administration then remitted to the lender the $900,000 principal and $13,068.49 in interest.

  7. Those employees, along with an army of contractors, are responsible for overseeing a loan portfolio that currently includes 48,000 PPP loans with an outstanding balance of $1.3 billion and dealing ...

  8. Gusto, Inc. - Wikipedia

    en.wikipedia.org/wiki/Gusto,_Inc.

    Releases included customizable payroll reports, a simplified Paycheck Protection Program (PPP) Loan Forgiveness tracker and a streamlined PPP application report that’s been downloaded more than 80,000 times to date. Nationwide, Gusto enabled more than $2.5 billion worth of approved PPP loans. [32]

  9. Nashville church agrees to repay $70K in improperly used ...

    www.aol.com/nashville-church-agrees-repay-70k...

    In the same meeting where the CEO informed employees of the PPP loan, she also "reported that giving to the Church had increased from approximately $1.3 million per month to approximately $1.5-1.8 ...

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