Bookkeeping having PPP loans acquired by the people

Bookkeeping having PPP loans acquired by the people

The newest CARES Operate, in addition to further amendments, earmarked over $600 million through the Paycheck Safety Program (PPP), administered of the Home business Government (SBA), getting possibly forgivable fund to support qualified smaller businesses impacted by COVID-19. The latest fund, which have a-two- otherwise four-year label (depending on once they have been approved) and you may incur focus at the step one%, are provided thanks to SBA-acknowledged lenders to help you an eligible entity. Celý příspěvek