The Paycheck Protection Program (PPP) is Happening Now Small Business Approved (SBA) lending financial institutions are taking applications and issuing Loan Authorization Numbers. These funds are available for qualified businesses with 499 or fewer employees. Here is a High-level Overview of the PPP Relief Benefits Some points are summarized below. There are qualifications for the…
The Relief Package Was Approved The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed by President Trump on Friday, March 27, 2020. There are multiple components to the relief funds that may benefit your business. A core element is the Paycheck Protection Program. In short, these are SBA loans that may be forgivable…
Below is a summary of some key items from the 883-page Coronavirus Aid, Relief, and Economic Security Act or the “CARES Act” that includes thousands of dollars in direct payments to most Americans, and loan packages designed to help keep small businesses and corporations afloat. There are many other items in this bill that we…
We would like to let you know about the steps WSRP is taking to respond to COVID-19 and provide an update on tax deadlines. There are new relief packages and announcements happening almost daily. We will send updates as soon as news is released. Safety. WSRP’s main priority is the safety and well-being of our team,…