{"id":3126,"date":"2020-04-26T12:07:08","date_gmt":"2020-04-26T12:07:08","guid":{"rendered":"http:\/\/www.ushaitianchamber.org\/?p=3126"},"modified":"2020-04-26T16:52:49","modified_gmt":"2020-04-26T16:52:49","slug":"sba-paycheck-protection-plan-ppp-round-2-goes-live-on-monday-4-27","status":"publish","type":"post","link":"https:\/\/www.ushaitianchamber.org\/?p=3126","title":{"rendered":"SBA Paycheck Protection Plan (PPP) round 2 goes live on Monday 4\/27"},"content":{"rendered":"<p>SBA Paycheck Protection Plan (PPP) round 2 goes live on Monday 4\/27 at 10:30 a.m. PPP&#8217;s are applied for through SBA lenders. To find PPP lenders use\u00a0<a href=\"https:\/\/l.facebook.com\/l.php?u=http%3A%2F%2Flnkd.in%2FeM4xSbF%3Ffbclid%3DIwAR1m0ffbOIjiqo_YNfRxUsnwvEg4l-IsMIqusXFqReiFqcUWLRmPWS4ohj4&amp;h=AT2vmVpQm0d8RKA6yV9MTJPTJveHRRqrZ4AZjXN2hln8E_M7LiVc6h7rJJ4DHlQ2FekuFM4z6lwPBG0G8vn60d1DjLAT9lMuJJPk-5lk5-YVeqpOaNdajSxFJMpTD1sUlR0uTfULUuamvZgjotMHywykT0t5ZtVOJbMJZXPVAomUZdoBee9vLLbDzsbLf3eHF0K08OoA1V8IO1PgbtmK6EHLAxGyIvCTRsrc6QZfYxp8tzlwfQffSVHrJ9GbRWlAVDSrDXwCEzA96Yg07rzv_6av7P4hrjhUoawUCLR4DD1LodlJLZgxnnkzeT4pkP3QNAb_UhWpH1CUi9SjuEBOIE314mTywIFPJZ7Kif8jD5PZjB__z8UDddQtj4y86nnnl9mN03gBtPfwKDRojd_CRkuEk5qlGojm3EL3KDrLrtyUaQCvuV0Xt3IuD_WtkOAn36xQhzC-rvxw2FhibJ9LGZpf2ZfdFwRSOJDiYHFTHw6syGaEyVltGGgxpesgJsrfDOM6eEIRJg2s7BnXYtH9bqFXVweP0E-t6HzsTLnhrmk-2uB90eyMCB0xptHLwJKlZZDcd66-VPR13X5huWkr88HS-uvy1wViDjS5pz31PsTSly4avjmiuy-SkjnxXHdj\" target=\"_blank\" rel=\"noopener nofollow noreferrer\" data-ft=\"{&quot;tn&quot;:&quot;-U&quot;}\" data-lynx-mode=\"async\">lnkd.in\/eM4xSbF<\/a>\u00a0or visit the MA SBA website\u00a0<a href=\"https:\/\/l.facebook.com\/l.php?u=http%3A%2F%2Fsba.gov%2Fma%3Ffbclid%3DIwAR1mrd6K0FIGLsq2mR3pFKkPnY2he73nWwW6cPhtKF2aI4NZqbJHuad0Las&amp;h=AT05yQdLoARI5ApReSNBrJFDz75p5qo4WsfYNjah3kNHPz41WHgnweikE2QY-Wi8g14AJkdsZGw2wHmlJWhefk7zwdIO6W_P2kRef2SLozD6M5Mkv5aPONu_bHowslIStCgVLQYfKxvptz8C2RNBAaUgo2ANmPsaG_abhax0_OLQKUdHZOGwNE5XVhYly-H1fYzRbjY7IgvDSVhoJ3ZX6Lu2a5NNdUcXNVneZNSqsNmjm9-94WlcWaFKDMY0hYil-etSH8BrFLsWAzBlasig7siO_7SHrxSSlEUJXbNc7EfrgizBmBuafC-hBpUj6x__YI8qDYi055YXXfeoIwuCnXZBPPknXsZeGZ2uUDRt4PRdoQ2v9_2XjM7Wer9RifvNPMPSDA8UQCGJkNxCsqhDhc-6F-2zPE73uSuOxKjH7AiK83rbGyiW5rO6GifF2mcZVidMuUa7vDGMHQkjADQfQillij-ksCDdoV_iCctTRri6vJM6tuNoru9mJ8LpOx53ULoKDun58QhgL6F2SMmnTVVi5HWD5XEKVmhdMO79FFYYGLcpTqXn5bzq9vrkD-bI8yoGHE0VfAN59LbbnKIGelXXJn0jQxx-C-7PTpeMS9URpDcbz680hN8CiHh_w4Xv\" target=\"_blank\" rel=\"noopener nofollow noreferrer\" data-ft=\"{&quot;tn&quot;:&quot;-U&quot;}\" data-lynx-mode=\"async\">sba.gov\/ma<\/a>\u00a0to find a listing of local PPP approved lenders.<\/p>\n<p><strong>What to expect when applying<\/strong><\/p>\n<p><strong>Your average monthly income or payroll<\/strong><br \/>\nMake sure you have this information ready to enter on your application.<\/p>\n<p><strong>Provide the necessary payroll and tax documents<\/strong><br \/>\nIt\u2019s important to upload the exact documents required. Incorrect documents will result in a delay of your application.<\/p>\n<p><strong>If you have employees: <\/strong><\/p>\n<ul>\n<li>If you filed at least one W-2, yourself included, you\u2019ll need to have prepared either your 2019 940, 941 (quarterly forms), 944, or W-3.<\/li>\n<\/ul>\n<p><strong>\u00a0If you don\u2019t have employees:<\/strong><\/p>\n<ul>\n<li>You\u2019ll need to have a prepared 2019 1040 Schedule C form to upload. Your taxes don\u2019t have to be filed yet.<\/li>\n<\/ul>\n<p><strong>What are the terms of the PPP loans?<\/strong><\/p>\n<p>&#8211; 1% fixed interest rate<br \/>\n&#8211; Up to $10 million<br \/>\n&#8211; 24-month term<br \/>\n&#8211; 6-month payment deferment<br \/>\n&#8211; 100% forgiveness if certain conditions are met<br \/>\n&#8211; Open to most businesses with 500 employees or fewer<\/p>\n<p>Please <a href=\"mailto:contact@ushaitianchamber.org\">contact us<\/a> if you need assistance.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBA Paycheck Protection Plan (PPP) round 2 goes live on Monday 4\/27 at 10:30 a.m. PPP&#8217;s are applied for through SBA lenders. To find PPP lenders use\u00a0lnkd.in\/eM4xSbF\u00a0or visit the MA SBA website\u00a0sba.gov\/ma\u00a0to find a listing of local PPP approved lenders. What to expect when applying Your average monthly income or payroll Make sure you have<\/p>\n","protected":false},"author":1,"featured_media":3116,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[39,2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=\/wp\/v2\/posts\/3126"}],"collection":[{"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3126"}],"version-history":[{"count":4,"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=\/wp\/v2\/posts\/3126\/revisions"}],"predecessor-version":[{"id":3128,"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=\/wp\/v2\/posts\/3126\/revisions\/3128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=\/wp\/v2\/media\/3116"}],"wp:attachment":[{"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ushaitianchamber.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}