Payroll Protection Loans

In a move designed to keep small businesses afloat, the CARES Act provides that businesses with fewer than 500 employees — including sole proprietors and nonprofits— will have access to nearly $350 billion in loans. A separate section of the CARES Act calls for a portion of the paycheck protection loans to be forgiven on a tax-free basis. Please give us a call if you have any questions 734-464-3660.

Payroll Protection Loan Full Details