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Mastrofrancesco: Paycheck Protection Program (PPP)

Posted on April 2, 2020


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The Paycheck Protection Program is a federal initiative providing forgivable loans. This program is aimed specifically at small businesses with 500 or fewer employees, including nonprofit entities (including churches), veterans’ organizations, tribal concerns, self-employed individuals, sole proprietorships and independent contractors. Businesses with more than 500 employees are eligible in certain industries.

The program has a total funding level of $349 billion and is administered by

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