THE ONLINE PORTAL FOR PPP LOAN FORGIVENESS APPLICATION WILL BE LAUNCHED IN NEXT WEEK
Mark Your Calendars as the Online Portal for PPP Loan Forgiveness Processing will Be Launched this August 2020 The long-awaited portal for processing Paycheck Protection Program (PPP) loan forgiveness is scheduled to be launched on August 10, 2020. The US Small...
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STIMULUS PAYMENT ON DEBATE BY GOP AND DEMOCRATS
As the moratorium on evictions ended and a $600 unemployment boost will last until the end of July, the Internal Revenue System(IRS) is set to pay the second payment of Federal Stimulus Checks to the United States of America taxpayers. The U.S. Congress proposes that...
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HHS PROVIDER RELIEF FUND PAYMENT PORTAL OPENS
Eligible Medicaid, CHIP providers have until August 3 to apply for relief fund payments. The U.S. Department of Health and Human Services’ Provider Relief Fund Payment Portal is open and accepting applications until August 3. The launch of the enhanced portal followed...
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MAIN STREET LENDING PROGRAM PORTAL FOR LENDERS- NOW OPEN
The Federal Reserve Board (FRB) rolled out another program to help the small to medium-sized business owners who require loans to help recover and adapt to the recent impacts of the COVID19 pandemic through eligible lenders. This program is to aid businesses in sound...
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FEDERAL INCOME TAX DEADLINE MOVED TO JULY 15 DUE TO CORONA-VIRUS
Treasury Secretary Steven Mnuchin announced on March 20, 2020 that the administration has moved the IRS deadline for filing taxes from April 15 to July 15 due to the disruption caused by the corona-virus. This action by Treasury also removes the $1 million/$10 million...
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PPP LOAN FORGIVENESS APPLICATION
Applying for Loan Forgiveness To apply for forgiveness of your Paycheck Protection Program (PPP) loan, Borrowers should complete this application and submit it to your Lender (or the Lender that is servicing your loan). Borrowers may also complete this application...
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PPP UPDATE: TRUMP SIGNS PAYCHECK PROTECTION PROGRAM REFORM BILL INTO LAW
Many business owners had called on the federal government to update the Paycheck Protection Program as they struggle to meet its terms and fear they may be forced to take on debt even as their businesses haven’t fully recovered. On June 5, 2020, President Donald Trump...
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