WebDec 23, 2024 · A covered worker protection expenditure is defined as “an operating or a capital expenditure to facilitate the adaption of the business activities of an entity to comply with requirements established or guidance issued by the Department of Health and Human Services, the Centers for Disease Control or the Occupational Safety and Health … WebPPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures; The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations;

Frequently Asked Questions (FAQs) on the Small Business …

WebLenders participating in the PPP may make PPP loans, fully guaranteed by the SBA, to eligible recipients only under specified terms, conditions and processes of the program. … WebMay 7, 2024 · Under the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act, Congress allocated $349 billion to the Paycheck Protection Program … st peter house new iberia

Paycheck Protection Program Loan Forgiveness - Wells Fargo

WebThe PPP provides low-cost, qualifying forgivable loans to small businesses to help cover payroll costs, interest on mortgages, rent, and utilities during this period of economic … WebCovered Operations. Expenditures ☐ Covered Property Damage ☐ Covered Supplier Costs ☐ Covered Worker. Protection Expenditures ☐ Other (explain): _____ PPP First Draw SBA Loan Number: Reduction in Gross Receipts of at Least 25% (Applicants for loans of $150,000 or less may leave blank but must provide upon or before seeking loan ... WebCovered Period, for a PPP loan made after December 27, 2024; (2) any positions for which the Borrower made a good-faith, written ... Covered worker protection expenditures: Copy of invoices, orders, or purchase orders paid during the Covered Period and receipts, cancelled checks, or account statements verifying those eligible payments, and ... rotherham council housing list