There are downsides, too. The private partner may face special risks from engaging in a public-private partnership. Physical infrastructure, such as roads or railways, involves construction risks. If the product is not delivered on time, exceeds cost estimates, or has technical defects, the privat...
There has always been a deep-rooted prejudice that free apps cannot bring much profit. Yet, the mobile app industry statistics proves otherwise. Let’s compare the number of free apps available on the market today and their revenue. The statistics shows that 96,2% of all apps on the marke...
ThePaycheck Protection Program (PPP)was a huge federal program that paid out $793 billion in small business loans during the COVID-19 pandemic.1ThePPP Act, which instigated the program, allowed for much of that money to be forgiven, so the businesses that received it don’t have to pay i...
How Much? A borrower is eligible for loan forgiveness equal to the amount the borrower spent on the following items during the 8-week period (or 24-week period for loans issued after June 5th) beginning on the date of the origination of the loan: • Payroll costs (using the same ...
How "value for money" is relative to "overall" project cost in PPP Public-private partnerships (PPPs) play a significant role in addressing the challenges of efficiency and capacity, while also helping in the infrastructure development of a country, which is a major enabler of ...
Average number of FTEs during the covered period / Average FTEs during the reference period Because you didn’t reduce any FTE employees, your quotient is 1.0 (5 FTEs / 5 FTEs). You will use your reduction quotient to help determine how much of your PPP loan is forgivable. To learn ...
The processing time for the ERC refund typically ranges from a few weeks to a few months. However, it’s worth mentioning that the IRS is continuously refining their processes and aiming to reduce the processing time as much as possible. ...
The latest data from 2020 revealed that individuals and businesses were reporting issues with malware, online payment and shopping platforms, employment agencies, and identity theft at much higher rates than in 2019. Business-related scams that increased between 2019 and 2020 Scam or fraud type Numbe...
While this exclusion may have only a minor impact on MAFA, it could result in a significant increase to the percentage calculation above, which could result in a much higher forgiveness amount. An interesting scenario has occurred as many furloughed employees are opting to not accept the rehire ...
Any company, nonprofit, veterans organisation, or tribal business with fewer than 500 employees qualified for the Paycheck Protection Program (PPP), as did any food service or lodging establishment with fewer than 500 employees per location, as determined by the Small Business Administration. Small ...