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. WebThis data comes from the Small Business Administration, and includes lender-approved loans under the Paycheck Protection Program as of June 1, 2024. Other loan programs, such as Economic Injury Disaster Loans, are not included in this database. The data includes the congressional district of each organization, but for Pennsylvania and North ...
As of July 29, 2024 - United States Secretary of the Treasury
http://7grecycling.com/ WebThe PPP (Paycheck Protection Program) is an emergency disaster loan program administered by the SBA designed to provide funds to small businesses with under 500 employees who were affected by the 2024 Coronavirus epidemic. Businesses who self-verified that they required the funds due to the epidemic were able to apply for a PPP … 7 gold coast news time
7G Recycling Inc in Milpitas, CA - SBA PPP Loan Data (Paycheck Protection Program)
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 … WebMay 5, 2024 · Let’s say your total 2024 payroll costs, including your salary, comes to $150,000. Step Two: Divide $150,000 by 12. This gives you $12,500, which you input into the “Average Monthly Payroll” box on your PPP application. Step Three: Multiply $12,500 by 2.5 to find your “Loan Request” amount. In this case, it’s $31,250. WebDraw PPP Loans. A borrower must certify on the applicable Borrower Application Form that the borrower is eligible to receive a PPP loan. For a First Draw PPP Loan, that … 7 golden rules of information sharing 2018