Tag: Paycheck Protection Program
Businesses frustrated by potential PPP taxation
PROVIDENCE - Members of the Rhode Island business community are up in arms over a state budget proposal in the House from Gov. Daniel...
Latest PPP update shows steady demand, but smaller funding amounts, for...
PROVIDENCE – Another 1,000 Rhode Island small businesses secured forgivable payroll loans in the last week, suggesting steady demand for the Paycheck Protection Program,...
NFIB survey shows increasing optimism among small businesses
PROVIDENCE – A new survey from the National Federation of Independent Business found that 13% of small-business owners said they will have to close...
SBA: Over 10K R.I. recipients approved for $823M in PPP loans
PROVIDENCE – Demand for forgivable payroll loans continues at a steady pace among Rhode Island small businesses, with roughly $50 million in Paycheck Protection...
SBA: Last week doubled new participants, funding for R.I. PPP recipients
PROVIDENCE – Twice as many Rhode Island small businesses were approved for forgivable payroll loans in the last week compared with the prior, seven-day...
Latest PPP update shows slowdown in dollars, loans for R.I. recipients
PROVIDENCE – Fewer dollars flowed to Rhode Island small businesses in the last week of the Paycheck Protection Program compared to prior weeks, according...
Revisions boost interest in special tax credit
A $5,000-per-employee tax credit may sound like a great incentive.
But the Employee Retention Credit rolled out under the Coronavirus Aid, Relief and Economic Security...
Accountants fielding deluge of rescue calls
Accountants never really go out of style, but after a year of pandemic, they’re having a moment in the spotlight.
Between federal tax law changes,...
SBA: New limits on PPP eligibility have not slowed approval for...
PROVIDENCE - Temporary restrictions on which businesses can apply for forgivable payroll loans have not slowed the approval pace for Rhode Island recipients, according...
SBA: $640M in second round PPP loans approved for 7K R.I....
PROVIDENCE – Demand for the second round of the Paycheck Protection Program has slowed both nationally and in Rhode Island, according to the latest...
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