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Daily Archives: May 11, 2020

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SBA Extends Safe-Harbor Period to Return Paycheck Protection Program Funds to May 14

SBA, TreasuryBy AlexeyMay 11, 2020

The Small Business Administration (SBA) has extended the period for returning loans received by businesses through the Paycheck Protection Program in order to be eligible for the Employee Retention Credit. As stated in an update on May 6, 2020, from the Paycheck Protection Program Loans FAQs in Question 45 “An employer that applied for a…

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