PPP

Paycheck Protection Program Flexibility Act of 2020 Major Provisions

This entry was posted in Uncategorized and tagged Paycheck Protection Program Flexibility Act of 2020 PPP PPP Flexibility Act on by

With this new bill passing, we wanted to provide an update to the key provisions since some businesses are using retirement plan employer contributions for some of their expenses for forgiveness of the loans. The main features are (this come from the House version since we’re awaiting final text): To […]

Payroll Protection Program (PPP) updates as of today

This entry was posted in Uncategorized and tagged CARES Act HEROES Act Payroll Protection Program PPP retirement plan contributions on by

Section ยง1102 of the CARES Act allowed for the PPP through the Small Business Administration (SBA) loan program. This week the application will be released regarding forgiveness for the loans taken. At this point, everyone taking a loan was somewhat familiar with the application, but the recent updates are as […]