Congress May Deliver More Money to Paycheck Protection Program (PPP)

Congress is anticipated to send $250 billion more to small businesses by the end of the week.

The Senate could move as early as Thursday to approve approximately a quarter trillion dollars in new relief to small businesses as Congress races to keep up with economic impacts of the coronavirus pandemic.

The recently enacted $2 trillion financial rescue package (CARES Act) included an initial $350 billion for the Paycheck Protection Program. Since launching the Paycheck Protection Program on Friday, it has become clear that Congress will need to provide more funding or this crucial program may run dry.

KRD will continue to keep you updated with the latest information on this program. Please contact us if you have any questions.

Categories

Newsletter signup

Receive our informative Newsletters with valuable tax, financial and business operations information.

Archives

News

Read the latest news
from KRD and find out more.

KRD, Ltd. Wins ClearlyRated’s 2024 Best of Accounting Award for Service Excellence
Key Considerations for Non-Profit 403(B) Plans in the Secure Act 2.0 Era
Federal Court Rules Law Mandating Reporting of ‘Beneficial Owner Information’ Unconstitutional

Request a callback

Would you like to speak to one of our financial advisors over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you prefer.

    I would like to discuss: