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【US Tax】Paycheck Protection Program Loan

【HW US Tax Department】

On Friday, March 27, 2020, the President Donald Trump signed into law the CARES Act, which contains $349 billion in relief for Paycheck Protection Program. But $349 billion was totally depleted.

Then President Donald Trump signed the fourth $484 billion coronavirus relief package into law on Friday, Apr 22, 2020, which contains $310 billion in new funds for the Paycheck Protection Program.

The Small Business Administration (SBA) resumes accepting Paycheck Protection Program applications from participating lenders on Monday, April 27, 2020 at 10:30am EDT. ...

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