which show Social Security and Medicare taxes withheld and payments toward unemployment, respectively.Though the SBA continues to release details on forgiveness via frequently asked questions, the general guidelines call for entrepreneurs to earmark at least 60% of their funding for payroll to obtain forgiveness.
What that might entail will be nuanced based on the kind of business it is. Business owners in locales with high rents might devote a sizable portion of their proceeds toward those expenses. Indeed, many PPP borrowers are facing the fact that they're out of funding as Covid-19 continues to hurt their revenues.
You can’t help but frame this in a way that makes trump look bad. I’m a banker. Everyone that wanted help has been helped and there’s money left over that no one is using. Businesses stopped coming to the tap weeks ago.
Ah..most banks not taking any more applications
Trump is putting the country out of Business
PPP loans are done. The Fed backing the truck up to Wall Street goes on forever. Biden better stop that & Congress outlaw it. When did the Fed's mission become guaranteed profits for traders? How is that free market capitalism?
It is urgent. Don't forget the last chance to do non-violate wealth robbery as the followed guys did.
Whats the whole point of applying when the wealthy are walking aways with millions and leaving small businesses with only a couple of dollars.
TAKE BACK PPP money given to BILLIONAIRES kanyewest elonmusk and fund unemployment STOP spending OUR TAX money for FRIENDS of trump THIS IS OUR MONEY NOT YOURS and it should be there when WE need it!!!