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 ...
Search results Where did $380B in PPP money go? - CNN
http://7grecycling.com/ WebFeb 5, 2024 · a PPP loan made after December 27, 2024, the last day of the loan’s covered period, (5) the de minimis exemption from the full-time equivalent (FTE) employee reduction penalty for certain PPP loans of $50,000 or less, and (6) the de minimis exemption from the employee salary and wages reduction penalty for certain PPP loans of $50,000 or less. 7 graniteville rd westford
DON G. AVERILL RECYCLING, INC. Where did $380B in PPP …
WebApr 15, 2024 · While the Act provides that PPP loan proceeds may be used for the purposes listed above and for other allowable uses described in section 7(a) of the Small Business Act (15 U.S.C. 636(a)), the Administrator believes that finite appropriations and the structure of the Act warrant a requirement that borrowers use a substantial portion of the loan ... WebJul 16, 2024 · Nearly 2,860 waste and recycling applicants received loans under $150,000, totaling a little over $139 million, and more than 600 applicants received loans between … WebDec 17, 2024 · (Disclosure: Resource Recycling, Inc., publisher of E-Scrap News, received a $92,000 PPP loan. The company was coded under … 7 grantland road cranston ri