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COVID-19: Paycheck Protection Program (PPP)

BerniePortal

The Paycheck Protection Program, part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is a federal loan program aimed at helping small businesses who've been impacted by COVID-19.

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The PPP and Health Care Enhancement Act Offers Additional Coronavirus Funding to Businesses

Patriot Software

On April 24, 2020, the Paycheck Protection Program and Health Care Enhancement Act was signed into law. The act provides additional coronavirus funding to replenish programs and provide relief to businesses impacted by COVID-19. Overview of […]. Overview of […].

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New COVID relief package extends payroll provisions

Business Management Daily

The new COVID relief package included in the Consolidated Appropriations Act, 2021 (H.R. 133) is a virtual grab bag of covid-19 relief. Expanded criteria for loans under the Paycheck Protection Program. PPP loans are expanded. PPP loans originally covered payroll , rent, utilities, and similar costs.

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A Complete ERC Tax Credit Guide: Don’t Make the Mistake of Filing Your Employee Retention Credit 2023 Incorrectly

Empuls

The earlier underestimated lifeline, thrown toward small businesses and employees made a difference in how employees and employers handled the Covid-19 wave. Federal authorities were forced to launch several relief programs for the greater good of the citizens. Under PPP, the government would release funds based on 2.5

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The increased need for HR risk management tools

PeopleStrategy

Issues directly and indirectly caused by the COVID-19 pandemic made many aspects of running a business and managing employees significantly more complicated. Nearly three months after COVID-19 essentially shut down our country, these factors remain vital concerns for HR professionals, company leaders and staff.

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COVID-19 Resources: FFCRA & CARES Acts

PeopleStrategy

In the past two weeks, two major pieces of legislation have been passed in response to the COVID-19 pandemic: the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARES). These provisions will apply from April 1, 2020 through December 31, 2020.

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March BLS Jobs Report: Let’s Go! 

Hireology

Were there roles you had to eliminate to stay afloat in the midst of COVID-19? When asked what benefits were added to help with COVID-19, nearly 30% of respondents said they made no change. 2021 brought fresh funding for the Paycheck Protection Program (PPP) loans, along with new qualifiers and forgivable costs.

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