Webthe Paycheck Protection Program (PPP), a new temporary 7(a) program, through June 30, 2024. PPP loans made under sections 7(a)(36) and (37) of the Small Business Act are referred to as “First Draw PPP Loans” and “Second Draw PPP Loans,” respectively. (Both are hereinafter referred to as “PPP loan” or “loan”.) WebPPP basics. PPP loans generally are 100% forgivable if the borrower spends at least 60% of the funds on payroll and the remaining on eligible nonpayroll costs. Nonpayroll costs initially included only mortgage interest, rent, utilities, and interest on any other existing debt, but the Consolidated Appropriations Act (CAA), enacted in late 2024 ...
As of July 29, 2024 - United States Secretary of the Treasury
WebJan 28, 2024 · One source of relief provided by the CARES Act is the authorization of up to $349 billion in forgivable loans to small businesses for job retention and certain other expenses through the PPP. In April 2024, Congress authorized over $300 billion in additional PPP funding. 7G Recycling Inc is a corporation located at 2831 Saint Pkwy 200 in Henderson, Nevada that received a Coronavirus-related PPP loan from the SBA of $374,202.00 in April, 2024. $ PPP Loan Information Loan #3779408903 Loan Size: $374,202 Jobs Retained: 65 Loan Approved: 2024-04-28 Loan Status: Paid in Full or Forgiven Lender: 7 grams cafe wyndham village
7G Recycling Inc in Milpitas, CA - SBA PPP Loan Data (Paycheck Protection Program)
Web30 April 7, 2024: $150K–$350K First State Bank: $150K–$350K loan to CARROLL COUNTY SOLID WASTE AUTHORITY CARROLL COUNTY SOLID WASTE AUTHORITY WebCompanies and nonprofit organizations that receive PPP loans may have the loans forgiven if they meet certain criteria, including not laying off employees during the defined period … WebDec 17, 2024 · (Disclosure: Resource Recycling, Inc., publisher of E-Scrap News, received a $92,000 PPP loan. The company was coded under … 7 grams chicken byo