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Paycheck Protection Program (PPP)

By support@sitegist.com

Jul 11 · 1 min read

The Paycheck Protection Program is implemented through the Federal CARES Act by the SBA and Treasury Departments. The program provided small businesses with funds to pay up to 8 weeks (about 2 months) of payroll costs including benefits. Funds could also be used to pay interest on mortgages, rent, and utilities.

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