The Paycheck Protection Program is part of the Cares Act for COVID-19 relief.
According to figures being monitored by Henry & Peters, PC CPAs Linda Cooper and Thomas Neuhoff, the numbers from April show more than 20 million people from private payrolls were no longer employed, more than double the job losses of the Great Recession.
There’s still billions of dollars in funding remaining for the PPP Loan, and now is a great time to pick a lender and see if you qualify.
Check in with Thomas and Linda for essential information about PPP Loans.