#pppprogram

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Who is Not Eligible for a PPP Loan? Everything You Need to Know

Who is Not Eligible for a PPP Loan? Everything You Need to Know #PPPLoan #LoanEligibility #BusinessLoans #SmallBusinessSupport #FinancialAssistance #PPPProgram #COVID19Relief #LoanGuidelines #BusinessFunding #EntrepreneurTips #SmallBizHelp #LoanApplication #PPPUpdates #FinancialLiteracy #BusinessAdvice #FundingOptions #EconomicRelief #LoanRequirements #BusinessGrowth #StartupFunding #PPPLoanInfo #EligibilityCriteria #FinancialEducation #SmallBusinessOwner #LoanResources #PPPFAQ #BusinessFinance #GovernmentLoans #FundingYourBusiness #PPPInsights

The Paycheck Protection Program (PPP), introduced as part of the CARES Act, provides essential financial support to small businesses. However, not all businesses or individuals are eligible for a PPP loan. Understanding the ineligibility criteria is crucial for ensuring compliance and avoiding potential legal or financial setbacks. Below, we’ll explore who is not eligible for a PPP loan in great…

[blacksconverge]

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Great news!!!  PPP deadline extended through May 31, 2021 Yessss!!! The Federally funded Paycheck Protection Program (PPP) has been approved for a 2nd distribution via SBA.gov, and partners such as KServicing (for Kabbage) and various banking institutions are currently accepting application.   🚨 IMPORTANT 🚨   In a nutshell, you qualify for 2nd draw PPP if: 👉🏾 You have fewer than 20 employees (for Independent Contractors & Sole Proprietors), and 300 or less employees (for all other business entities) 👉🏾 You previously received 1st draw PPP loan and will or has used it all for its intended purpose(s) 👉🏾 You can demonstrate/show at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020 👉🏾 You operate a Small business within the United States Funds can be used to pay mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.   One of our very own, Gillian received her 2nd draw PPP loan 1 week after applying, and she was able to have her application prepared and submitted by @apobookkeeping who provides a variety of services outside of bookkeeping and accounting.  Feel free to reach out to them for assistance with your PPP application.   NOTE:  The 1st draw PPP loan is also still available, and the criteria has changed to include more businesses   Visit SBA.gov for more detailed information about both loans and instructions to apply.   :: :: :: Follow us @BlacksConverge #ppp #pppprogram #paycheckprotectionprogram #helpapplyingforppp #federallyfundedppp #blackbusinessowner #blackbusinesses #helpforblackbusinesses #blackbusinessloans #loansforblackbusinesses #freemoney #sbaloans #financialhelp #smallbusinessowner #blackentrepreneurs #shopblackbusinesses #financialhelpforblackbusinesses #getyourmoney #loanforgiveness #blackconvergence #blacksconverge (at Long Island, New York) https://www.instagram.com/p/CNVMrcoFoxi/?igshid=khw8ukz2nupu

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Apparently I’m not typing fast enough lol

ID: a selection of text which reads “we are pppprogrammed ti”

[responix]

Who is Not Eligible for a PPP Loan? Everything You Need to Know

Who is Not Eligible for a PPP Loan? Everything You Need to Know #PPPLoan #SmallBusinessSupport #LoanEligibility #FinancialEducation #BusinessFunding #PPPProgram #Entrepreneurship #COVID19Relief #FinanceTips #BusinessResources

The Paycheck Protection Program (PPP), introduced as part of the CARES Act, provides essential financial support to small businesses. However, not all businesses or individuals are eligible for a PPP loan. Understanding the ineligibility criteria is crucial for ensuring compliance and avoiding potential legal or financial setbacks. Below, we’ll explore who is not eligible for a PPP loan in great…

[responix]

Who is Not Eligible for a PPP Loan? Everything You Need to Know

Who is Not Eligible for a PPP Loan? Everything You Need to Know #PPPLoan #LoanEligibility #BusinessLoans #SmallBusinessSupport #FinancialAssistance #PPPProgram #COVID19Relief #LoanGuidelines #BusinessFunding #EntrepreneurTips #SmallBizHelp #LoanApplication #FundingOptions #FinancialLiteracy #BusinessAdvice #PPPUpdates #LoanRequirements #EconomicRelief #SmallBusinessOwner #StartupFunding #BusinessGrowth #FinancialEducation #PPPLoanInfo #EligibilityCriteria #LoanResources #BusinessFinance #COVIDReliefFunds #PPPLoanGuide #SmallBusinessCommunity #FundingYourBusiness

The Paycheck Protection Program (PPP), introduced as part of the CARES Act, provides essential financial support to small businesses. However, not all businesses or individuals are eligible for a PPP loan. Understanding the ineligibility criteria is crucial for ensuring compliance and avoiding potential legal or financial setbacks. Below, we’ll explore who is not eligible for a PPP loan in great…