Tag Archives: Paycheck Protection Program

No More PPP Funds: What Options Are Available For Businesses Struggling During the Pandemic?

In an effort to ease the financial burden of the pandemic, Congress authorized the Paycheck Protection Program (PPP) as part of the 2020 Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Employers who took advantage of this popular program enjoyed the opportunity to obtain loans with favorable terms and the possibility of forgiveness — […]

Quick Guide to Tracking Your PPP Money

In times of economic turmoil, small business owners must make a variety of difficult decisions. Chief among them? Whether to keep employees on payroll. When uncertainty takes over, layoffs or furloughs provide a difficult but viable solution. Of course, it’s not in the nation’s best interest to suffer mass layoffs in response to coronavirus-related challenges. […]