Paychex ppp report 2025

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For Borrowers Borrowers can apply for forgiveness any time up to the maturity date of the loan. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred and borrowers will begin making loan payments to their PPP lender.
The Small Business Administration Office (SBA) of the Inspector General is auditing and investigates any SBA PPP loans issued.
Purchasing power parity is an economic term for measuring prices at different locations. It is based on the law of one price, which says that, if there are no transaction costs nor trade barriers for a particular good, then the price for that good should be the same at every location.
The Paycheck Protection Program established by the CARES Act, is implemented by the Small Business Administration with support from the Department of the Treasury. This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits.
Small businesses with 500 or fewer employeesincluding nonprofits, veterans organizations, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors are eligible.
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Paycheck Protection Program. Get information about the SBA loan program that helped businesses keep their workforce employed during the COVID-19 crisis.
Who will be audited? PPP loans in excess of $2 million are automatically triggered for an audit by the SBA. The SBA has created a safe harbor for any PPP loan borrower that, together with its affiliates, received loans of less than $2 million.
Search for a borrower, or if you want to see how many people received loans in your state and other interesting facts, check out our PPP dashboard.

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