Posts Categorized: Financials

Round 2 of the Paycheck Protection Program

Select your status: NEW, FIRST TIME PPP LOAN SECOND DRAW PPP LOAN Updated: 1/14/2021 FIRST TIME PPP LOAN: What is the Paycheck Protection Program (PPP)? PPP provides small businesses with funds to pay payroll costs and other eligible expenses. In order to be forgiven, no less than 60% of the loan needs to be used… Read more »

The PPP Dilemma: 24 vs 8 Weeks

By: Business Advisor Peter Harriman Nothing is as confusing as when a newly rolled out program experiences the growing pains of change. Many business owners had just become comfortable with the 8-week PPP Covered Period when suddenly they were confronted with an unexpected twist – 24 weeks?  Many of my clients at the Maine Small… Read more »