How to Apply for PPP Loan in QuickBooks Capital
Have you heard of the Paycheck Protection Program? I've been hearing some good things about it lately, and I want to make sure we're keeping up with all the latest news. While we wait for more details, let's go ahead and check out your options.
Whether you called the Paycheck Protection Program by its original name, the TEFAP, or one of its other monikers like the PPP and STIPA, this program has been around since the 1990’s but was redesigned by President Bush as part of the American Job Creation Act in 2002. The Paycheck Protection Program aims to help small businesses avoid disaster with unexpected checks that have bounced, and they can do a lot more than just help you protect your payroll checks. You can also apply for loan cancellation through the Paycheck Protection Program too, which is something that’s been in place since 1997. They’re a good program when it comes to helping small businesses get some relief without going through all kinds of bureaucratic red tape.