COVID-19 Stimulus: The Paycheck Protection Program (PPP)
So many small businesses have been drastically affected by the COVID-19 epidemic and unprecedented economic fallout.
Last month, the US Government stepped in with the largest stimulus bill ever signed into law with the CARES Act, injecting $2.2 trillion into our economy. In today’s podcast, Jeremy and Grant explain and discuss the Paycheck Protection Program that is one small part of this bill that could potentially allow many small businesses to keep their doors open, to keep their employees on the payroll, and maintain some much-needed stability in countless people’s lives. Is this a good idea for your company? Our goal is to help you understand the ins and outs to approach that question with wisdom and clarity rather than being controlled by emotion.
Do you know someone whose business has been impacted by the coronavirus outbreak? Share this podcast with them.
Don’t take all of your financial advice from podcasts and radio personalities, read all about the PPP and the other Coronavirus Relief Options here.