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  2. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

  3. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    The Employee Retention Credit is equal to 50 percent of qualified wages paid to eligible employees between March 13, 2020, and December 31, 2020. [14] Eligible employee is defined differently depending on the size of the employer. If the employer averaged 100 or fewer full-time employees [h] during 2019, then all of its employees are eligible ...

  4. SBA ramps up PPP loan forgiveness as big banks like ... - AOL

    www.aol.com/finance/ppp-ramps-loan-forgiveness...

    The initiative is only for loans of $150,000 or less, which make up 92% of the PPP loans distributed. The new online portal is reportedly designed to streamline the process both for borrowers and ...

  5. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/.../Public_Service_Loan_Forgiveness

    Public Service Loan Forgiveness. The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time ...

  6. Payroll loans: What to know

    www.aol.com/finance/payroll-loans-know-154028621...

    Type of loan. Best for. Typical terms. Short-term loan. Fast funding for an emergency. Often unsecured with financing up to $250,000 (sometimes more) Repayment periods of 24 months or under

  7. What is debt forgiveness? - AOL

    www.aol.com/finance/debt-forgiveness-202301471.html

    With student loans, there are generally two options available for student loan forgiveness. The first is the Public Service Loan Forgiveness Program or PSLF. This initiative allows debt ...

  8. Who qualifies for debt forgiveness? - AOL

    www.aol.com/finance/qualifies-debt-forgiveness...

    Teacher Loan Forgiveness programs: If you’ve worked full-time as a state-certified teacher for the past five years, you may qualify for up to $17,500 in Direct Subsidized and Unsubsidized loan ...

  9. Higher Education Relief Opportunities For Students Act

    en.wikipedia.org/wiki/Higher_Education_Relief...

    In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...

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