CARES Act在现行的《小企业法》(the SmallBusiness Act)中加入了PPP计划。根据该计划,部分企业可能有资格以优惠条件获得最高1000万美元的贷款,其中部分贷款可转换为政府补助。 薪资保护计划PaycheckProtection Program (PPP) PPP贷款重点内容:● 申请人向美国小企业管理局(SBA)批准的银行直接申请;● 部分贷款金额不需...
Department of the Treasury released additional information regarding small business loans under the new $349 billion Paycheck Protection Program (“PPP”). The PPP was created by the Coronavirus Aid, Relief and Economic Security (“CARES”) Act ...
The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act expands the application of the Small Business Reorganization Act of 2019 (SBRA) to more distressed businesses. The SBRA gives qualifying businesses and their owners more leverage to reorganize in bankr...
Lenders will also need to follow applicable Bank Secrecy Act requirements for customer identification and verification. Did the business have employees for whom the business paid salary and payroll taxes, or did the business pay independent contractors as reported on a Form 1099-MISC? The borrower w...
SBA网站首页根据CARES Act的规定,美国小企业管理局(U.S. Small Business Administration,以下简称“SBA”)在操作细节上进行了重要补充,同时发布了相关贷款申请表以及贷款资格问卷。针对SBA关于PPP及EIDL近日出台的新规则,以下是SBA的更新要点:薪资保护计划PaycheckProtection Program(PPP)更新要点: ...
This $2 trillion stimulus bill has many provisions, some of which will help small businesses obtain much-needed capital. At the National Small Business Town Hall, held March 27 by the U.S. Chamber of Commerce and Inc., several experts spoke about important aspects of the CARES Act and ...
CARES Act Relief for Businesses The federal Coronavirus Aid, Relief, and Economic Security (CARES) Act has a number of provisions to assist businesses and nonprofits impacted by COVID-19. Several of these programs are still being developed by federal agencies and will become available in the com...
CARES Act suspends 10% penalty for withdrawal up to $100k for those younger than 59.5 yrs old. Withdrawals can be re-contributed within 3 years without penalty. Minimum distributions (RMDs) are waived in 2020 Plan sponsors may postpone minimum funding contributions until 1/1/2021. ...
“Is the PPP [CARES Act] ‘First-Come, First Served’?” The answer is a model of regulatory brevity – one word: “Yes” On the other hand, under the title “What do Lenders Need to Know and Do,” the regulations make clear that the Small Business Administration will pay lenders mor...
CARES Act Title IV Mid-Sized Business ReliefLinkedIn Facebook X Send Embed The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, provides some financial help to businesses across the United States. For small businesses (generally enterprises with 500 or fewer employees), the...