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PPP Loan Extension

The application window for the Paycheck Protection Program (PPP) has been extended until Aug. 8th. The five-week extension had been approved last week by both chambers of Congress. The U.S. House of Representatives and the Senate both passed the legislation by unanimous consent. Full Article Here: https://www.journalofaccountancy.com/news/2020/jul/senate-approves-5-week-ppp-extension.html

The PPP, which has approximately $129 billion in funding remaining, was launched in early April as the COVID-19 pandemic battered the U.S. economy and forced many businesses to close. The U.S. Small Business Administration (SBA) provides forgivable loans that small businesses can use to cover payroll and other select costs; https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program

If you need help filing for the PPP, AABS is here for you! Contact us today!

Hello July!

Hello July!

It’s a new month and we’ve got a fresh, new look!
Thanks for dropping by to check it out! We have been working hard behind the scenes to bring you a new & improved website, designed with your needs in mind.
Let us know what you think!