S. Home business Management to help small enterprises and you can non-profits that have lower than five-hundred You.S.-mainly based professionals make payroll, whether or not its revenue is actually significantly quicker as a result of the pandemic. To get qualified, the property owner have to have held it’s place in business as of and have now a great You.S.-founded staff members.
From inside the 2021, the new Paycheck Safeguards Program basic the newest forgiveness processes to own faster loans around $150,000 and you may stretched the types of expenses that are qualified to receive forgiveness.
Jenka Rojas A property, Lawrence, MA
Jenka Rojas, exactly who revealed their own real estate industry from inside the 2017, taken out and you may protected a couple PPP fund to keep their organization afloat with help out-of MEPPPAI couples Mill Metropolitan areas People Financial investments (MCCI) & Understanding Collaborative Bank. Their unique basic PPP loan try 100% forgiven and you can she is convinced another is really as better.
Aaron [from MCCI] directed me personally through the complete procedure and for the forgiveness app. I attended among MCCI’s webinars, and they been able to respond to my personal concerns and explain the procedures I got when planning on taking to demand it. Following I taken out forgiveness, it was accepted.
4U Bridesmaid & Prom
When you look at the , Lorna Ellis off 4U Bridal & Prom into the Worcester taken out a PPP mortgage with help from MEPPPAI and you may financial spouse BayCoast Lender. Read More
