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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 ...
The Paycheck Protection Program and Health Care Enhancement Act is referred to as "Phase 3.5" as it includes "interim" funding that replenishes one of the programs established by the CARES Act (Phase 3). [12] The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were ...
The Small Business Administration on Monday began allowing lenders to process $310 billion in funds for the second round of its program to help cover payroll costs of small businesses hurt by the ...
The Small Business Administration (SBA) on Monday will release $310 billion in funds for the second round of its program that aims to help small businesses hurt by the novel coronavirus disruption ...
Small businesses in America can still capitalize on ... dollars in relief' available for small businesses: SBA administrator ... as he signed the "Paycheck Protection Program Extension Act of 2021 ...
The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. [2] It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic. [3]
The economic relief program was intended to help small businesses meet payroll and survive during the public health disaster — not wealthy developers like Sheppard, she said.