The CARES Act: PPP, EIDL and More

By LMT Communications, Inc.

Posted Apr 24, 2020 in Industry News

By Greg Pfeuffer - Business Advisor and Fractional CFO/Controller with Mueller Prost CPAs + Business Advisors


Last night, Congress passed a second coronavirus relief package; this $484 billion package includes $310 billion to replenish the Paycheck Protection Program (PPP), which is part of the CARES Act initially passed by Congress at the end of March. The Act and other existing SBA programs provide financial opportunities for business owners:


Paycheck Protection Program (PPP) provides a direct incentive for small businesses, including sole proprietors and independent contractors, to keep their workers on payroll. The PPP is a Small Business Administration (SBA) loan and businesses can apply through existing SBA lenders.


The maximum loan amount is determined by multiplying the average monthly payroll...

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About The Author

  • LMT Communications, Inc.

    LMT Communications delivers the business strategies, information, dental laboratory news and education that dental laboratory decision-makers need to succeed. In Print. In Person. Online.

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