PPP Updates
We’ve been encouraging business owners to apply for the Paycheck Protection Program (PPP). Over 1.3 million loans have been approved; however, the program ran out of money today. This is not actually too concerning as it will take a couple of weeks to process the $350 billions in loans, and Congress will approve more money soon.
However, if you’ve not yet applied, now is a good opportunity to get all the documents together for when the program reopens. The Paycheck Protection Program is a way for you to keep your business operating and your employees paid. These are the required documents for the PPP loan application.
This past week, Comer Law has been helping several small businesses in Pinellas and Hillsborough Counties get their documents together and apply for the loans. If you have any questions about what to do, call us at 727-729-2719 — this type of legal business work is what we do best.