Posts Tagged ‘ppp loan provisions’
Highlights of the 2nd round of PPP loan provisions included in the Coronavirus Relief bill recently signed into law on December 27th
By Joseph A. Mastriani, CPA/PFS, CFP, Shareholder | Buckno, Lisicky & Company The new legislation allocates around $284 billion and refers to the new loans as second draw loans. The loan limit is $2 million, and the amount a small business will qualify for is determined by taking their average monthly payroll in 2019 and multiplying…
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