Paycheck Protection Program (PPP) – What you don’t know might hurt you

ppp loan

By: Rob Aquino & Pamela Martinez, JBS Corp.  The Paycheck Protection Program (PPP) Loan was one of the primary sources of relief offered by the U.S. Small Business Administration during the COVID-19  pandemic. The PPP loan gave small businesses short-term loans of 2.5 times their average monthly payroll expenses at a 1% interest rate. It offered full forgiveness if […]