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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. Paycheck Protection Program and Health Care Enhancement Act

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

    Of that amount, $60 billion is for PPP loans made by small banks, small credit unions, and community financial institutions. [19] [20] Appropriates an additional $10 billion for emergency Economic Injury Disaster Loans. [21] [20] Expands eligibility for emergency Economic Injury Disaster Loans to farms and agricultural-related businesses. [22] [20]

  4. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    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]

  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. Most Popular PPP Loan Lenders in the 50 States – 2020 Study

    www.aol.com/finance/most-popular-ppp-loan...

    Bank of America took the lead, originating almost 334,700 PPP loans in that time, or roughly 7% of the total number apportioned. ... Between the first week of April and the end of June 2020, the ...

  7. This tweak to the PPP could save small businesses $7 billion

    www.aol.com/article/finance/2020/09/18/this...

    A small business would receive a loan then later get it forgiven. Many are looking to reform the second step for the smallest borrowers. This tweak to the PPP could save small businesses $7 ...

  8. Gusto, Inc. - Wikipedia

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

    In 2020, Gusto has built more than 50 new products in the last year directed toward helping small businesses. 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 ...

  9. 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 ...

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