![]() ![]() ![]() Womply is not a lender, but we can help you access PPP stimulus. If your lender has opted-in you can apply via the SBA’s direct forgiveness portal. Please contact your PPP lender for information on their forgiveness process. Womply is not involved with PPP forgiveness. Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards. Enter Salary/Hourly Wage Reduction (Box 3) from PPP Schedule A Worksheet, Table 1: If the average annual salary or hourly wage for each employee listed on the PPP Schedule A Worksheet, Table 1 during the Covered Period was at least 75 of such employee’s average annual salary or hourly wage for the most recent full quarter before. The Paycheck Protection Program (PPP) is no longer accepting applications. Here were the steps: Applied on 1/21 (loan builder status 3 steps) DocuSign docs on 1/28 (loan builder status 3 steps) GotPayPal email on 1/29 saying app was submitted. I told some folks here Id post my PayPal timeline from initial application to money in the bank. The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. PayPal PPP2 timeline from start to finish. Funds can also be used to pay interest on mortgages, rent, and utilities. Feb-10-202101:32 PM Just now made progress Signed docusign and received this email. This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. PPP Round 3 Summary The US Small Business Administration and Treasury released borrower loan application forms Friday night, Janufor the rebooted Paycheck Protection Program (PPP), which launces today, Monday, January 11, 2021. The Paycheck Protection Program established by the CARES Act, is implemented by the Small Business Administration with support from the Department of the Treasury. ![]()
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