Search Results for: Cordage covered
the sba may guarantee covered loans for the covered period (february , – june , ). in terms of loan amounts, businesses could get up to the lesser of $ or a specific calculated average (the amount guaranteed is an amount equal to a factor of the average total monthly payroll costs in the year before
the loan is made or from the covered period, if the business did not exist last year). notably, for businesses, payroll costs are defined as the sum of all payments for compensation, including salary, wage, cash tips, paid time-off, severance, healthcare benefits, state or local taxes. for sole proprietors...
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