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PPP Payroll Protection Act Info Packet Compiled 4.1.20 Oregon Coast Community College SBDCCONTENTS Info Sheet from Department of the Treasury (1 Page) Info Document for Borrowers (4 Pages) Sample

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How to fill out ppp payroll protection act

01

Gather necessary information such as average monthly payroll costs, number of employees, and any other eligible expenses.

02

Complete the PPP loan application form provided by your chosen lender.

03

Submit the application with all required supporting documentation.

04

Await approval and funding from your lender.

Who needs ppp payroll protection act?

01

Small business owners who need financial assistance to cover payroll costs, rent, utilities, and other eligible expenses during the COVID-19 pandemic.

02

Self-employed individuals and independent contractors who have been financially impacted by the pandemic.

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What is ppp payroll protection act?

The Paycheck Protection Program (PPP) payroll protection act is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

Who is required to file ppp payroll protection act?

Small businesses, non-profit organizations, sole proprietors, independent contractors, and self-employed individuals are required to file for the PPP payroll protection act.

How to fill out ppp payroll protection act?

To fill out the PPP payroll protection act, businesses need to complete the application form provided by the Small Business Administration (SBA) and submit it to an approved lender.

What is the purpose of ppp payroll protection act?

The purpose of the PPP payroll protection act is to help businesses cover their payroll and other expenses during the COVID-19 pandemic.

What information must be reported on ppp payroll protection act?

The PPP payroll protection act requires businesses to report their payroll costs, number of employees, and other expenses related to keeping their workforce employed.

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