Estimated reading time: 0 minutes, 38 seconds

US Paycheck Protection Program - A Forgiven Loan to Cover Employee Payroll Costs Featured

In the midst of the US version of the COVID-19 pandemic, the US government is offering loans to small businesses so they can pay their employees whether the business is in operation or closed down due to virus exposure concerns. The terms are extremely simple, requiring only the basic information about the business, number of employees, and average monthly payroll expense for 2019. View the information sheet below and follow the link if you want to apply. Applications for businesses open on Friday April 3 while contractors and freelancers can apply begining Friday April 10, 2020. The first paragraph is headed "Fully Forgiven" and seems like it may be the most interesting part of the offering.

 

Here's a copy of the offering. Follow this link to fill out the application form.

 

PPP

Read 2938 times
Rate this item
(0 votes)
Scott Koegler

Scott Koegler is Executive Editor for PMG360. He is a technology writer and editor with 20+ years experience delivering high value content to readers and publishers. 

Find his portfolio here and his personal bio here

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.