ppp loan Featured Which Workers Count as Employees for the PPP? Applications for the Paycheck Protection Program (PPP) go live for most lenders this Tuesday [https://helloskip.com/blog/early-ppp-round-2-applications-sunday-update/]. If you’re preparing to apply for the PPP, the first step is to determine your monthly payroll and employee count for the application (you
ppp Featured Can You Get the PPP And Unemployment? Nearly 900,000 people [https://www.cnn.com/2020/12/17/economy/unemployment-benefits-coronavirus/index.html] filed for unemployment last week, as the U.S. jobs market continues to struggle. Self-employed people and independent contractors are currently eligible for unemployment under the Pandemic Unemployment Assistance (PUA) program, but
ppp Featured Here's What You Need to Know to Apply for the Second Round of PPP Funding A little over two weeks after the $900 billion stimulus package was passed [https://helloskip.com/blog/complete-details-of-the-new-900-billion-stimulus-package/], the second round of Paycheck Protection Program (PPP) applications are finally open. Although only community financial institutions are able to accept applications this week,
ppp Featured Here's How to Calculate Your Payroll for The PPP as an Independent Contractor or Freelancer The Paycheck Protection (PPP) program helps keep small businesses open and able to pay their employees, but small business owners aren’t the only ones who are eligible for a PPP loan. Independent contractors who meet the program’s eligibility requirements for revenue are also able to apply. 1 in
ppp What Are The Best PPP Lenders? Considering applying for a second PPP loan or are you a first-time PPP loan borrower? We'll help you find out the best PPP lenders, as voted on by past PPP recipients. But first, the votes! We will be sharing results here on Sunday January 10, 2021. If
ppp Featured New PPP Application Rules Are Released Updated Friday January 8, 2021 at 8pm EST Paycheck Protection Program applications will be available next week. Most EIDL grant and loan applicants will also be able to apply for PPP this time, pending final rules. Here's how to prepare: 👉🏻Add the PPP Tracker on the Badges Screen
ppp Featured Ultimate Guide to the Second PPP Funding Round Congress has approved $284 billion in new Paycheck Protection Program funding, also known as the PPP program. This bill was signed into law by President Trump on December 27th. For small businesses who had their income decline this year, this is good news: You may be able to apply for
ppp Featured Everything You Need to Know About the Second Round of PPP Funding After months of debate, leaders in Congress finally agreed on a stimulus package [https://helloskip.com/blog/congress-works-into-the-evening-to-finalize-a-stimulus-deal/] yesterday, December 20th. As of Monday evening, the House has passed this bill, and the Senate is expected to pass the bill on
ppp Featured Here's How Stimulus Checks, PPP, and EIDL Funding Affect Your Taxes As the end of the year approaches, many small business owners are beginning their year-end financial planning, making their final purchases for the year, and considering what expenses they can deduct from their 2020 taxes. This year, your tax deductions will likely look very different than in the past
knowledge Featured SBA Makes PPP Forgiveness Easier for Small Loans The Paycheck Protection Program provided a lifeline to millions of business owners all over the U.S. when it was unveiled this spring as part of the CARES Act, but the process of applying for PPP loan forgiveness has been confusing and exhausting for many borrowers. The good news is
covid-19 It's Official: EIDL Grants Will be Deducted From PPP Forgiveness Millions of business owners around the country have received both EIDL advances and PPP loans. Unfortunately, last week, the SBA confirmed that receiving both funds will impact the forgiveness of the PPP loan. On August 11th, the SBA quietly updated the “Frequently Asked Questions” about the PPP to confirm that
ppp Featured What banks or lenders are accepting PPP applications? Did you miss the first round of the Paycheck Protection Program (PPP) or have you not heard back from your lender or bank yet? If so, there's good news: Congress has approved $310 billion more for the PPP program, and $60 billion for the EIDL program. This means
