Breaking: Congress passed $900 billion of relief for households and businesses battered by the coronavirus pandemic, sending it to Trump for his signature https://t.co/5iEyNJdC5i
On Thurs, May 28 the House passed a bill to add borrower flexibility on PPP spending. Highlights: 8 wks increased to 24 wks & payroll requirement reduced from 75% to 60%. Expected to pass Senate & be signed by President #PPP#payroll#HCM#HR
https://t.co/b4zqQ1fokU
70 new pages of guidance on PPP loans! 👀
We heard the 8 week covered period may be extended to 16 wks. If this happens, how much impact would it have on your loan forgiveness?
Our article on loan forgiveness will be updated by Tues.
#ppp#smallbusiness#payroll#hr#hcm
New Census Bureau data ranks New Braunfels as the third fastest-growing city in the country since 2010, with the population breaking past 90,000 for the first time. https://t.co/YT6Wro1oqQ
On Friday the SBA released the PPP Loan Forgiveness Application - 2 of the key issues addressed in the instructions are business owner compensation and handling of pay periods vs check dates in the forgiveness calculations #ppp#smallbusiness#payroll
https://t.co/qFGD5kC3Jc
The SBA answered a looming question today - if your loan is <$2M, your certification of economic uncertainty has been met #payroll#smallbusiness#tax#hcm#ppp#hr https://t.co/evo15vIyDb
Now that you have your PPP loan funds, what's next? It may be time to create a plan and begin to document your expenses #ppp#payroll#loan#hr#caresact https://t.co/K1nt32NE33
#PPP Update: Small businesses are getting a larger share of the 2nd round with an average loan size down $127,000 from 1st round approved applications #smallbusiness#payroll https://t.co/juQGim9BCo
In the wake of media reports regarding some loan recipients' actual needs, the SBA signals there will be more oversight and review on certain PPP loans #ppp#payroll#smallbusiness
https://t.co/1dlrhFQHcV
Doors opened at 930 AM for 2nd round applications as many small businesses hope to get a share of the $310 B of additional forgivable loan funds #ppp#smallbusiness#payroll https://t.co/Mjz13a37Br
Insightful study from @TXRestAssoc about impact of #COVID19 on food service industry.
41% temporarily closed a location
19% permanently closed a location
80% laid off employees
86% have cut worker hours
We need a #safe way to get #BackToWork@RRCoC
https://t.co/cM6O0PIMZ8
Did your business apply for the Paycheck Protection Program? We would love to hear about the experience from our clients as well as those businesses that use another payroll provider. #PPP#payroll#HR#survey https://t.co/ROr3NMtJa7
#Cyber Scam - Keep your employees informed - attackers are posing as outsourced payroll / HR reps and asking employees to click a link that includes malware to review payroll reports and learn about a new (fraudulent) stimulus payment #hr#payroll
https://t.co/QoMUnHSP76