WebApr 13, 2024 · That $2.2 trillion stimulus package included an initial $349 billion earmarked for the Small Business Administration to provide loans to employers so they could cover expenses, including payroll, until the pandemic subsided enough for the economy to return to some level of normalcy. The hope was that these funds would help prevent mass layoffs. WebFunds will be made available following a successful application. This loan advance will not have to be repaid. If a business received an Economic Injury Disaster Loan advance in addition to a Paycheck Protection Program (PPP) loan, the amount of the Economic Injury Disaster Loan advance will be deducted from the PPP loan forgiveness amount by SBA.
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WebClinton Savings Bank 200 Church St CLINTON MA 01510-2502 Coastal Heritage Bank 744 Broad St E. WEYMOUTH MA 02189 Commonwealth Cooperative Bank 1172 River … WebImportantly, 60% of the PPP loan must be used for certain payroll costs. Please check this website frequently to ensure you have the most up-to-date guidelines as issued by the … commercial property naics code
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WebMassachusetts PPP Funded Companies. This directory is composed of all companies that have received loans under the Paycheck Protections Program according to data … Web1442800. New Valley Bank & Trust. YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER SPRINGFIELD. 1431300. Monson Savings Bank. PIONEER VALLEY UROLOGY PC. 1391370. People's United Bank, National Association. YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER SPRINGFIELD. WebDec 4, 2024 · The records show nearly 118,000 businesses in the Bay State were approved for SBA loans between April 3, 2024, and Aug. 8, 2024, ranging from as little as $5 to the maximum loan amount of $10 million. SBA records show 15 businesses in … commercial property n1