The CARES Act can provide much needed relief to many small and medium sized businesses. If your business has been impacted, you may be able keep or rehire previously laid off employees based upon the pandemic. If you need help determining your eligibility, the team of Certified Public Accountants at Fricke & Associates are glad to help you explore your options for help. Fricke & Associates Certified Public Accountants has commercial finance, tax, and employment attorneys as well as a multi-disciplinary team ready and willing to advise on such matters.
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.
Under this program:
* Eligible recipients may qualify for a loan up to $10 million determined by 8 weeks of prior average payroll plus an additional 25% of that amount.
* Loan payments will be deferred for six months.
* If you maintain your workforce, SBA will forgive the portion of the loan proceeds that are used to cover the first 8 weeks of payroll and certain other expenses following loan origination.
Throughout this process, the overarching aim will be to keep small businesses running and employees paid. The team at Fricke & Associates, PC look forward to assisting you. Please contact Fricke & Associates, P.C. for assistance.
About Fricke & Associates: Fricke & Associates is Atlanta’s premier accounting firm providing assistance with accounting and tax matters for businesses, professionals, entrepreneurs and individuals. The firm’s clients come from backgrounds in law, health care, education, technology, film, engineering, retail/wholesale, banking, manufacturing, real estate, transportation, construction, benefit plan administration and hospitality industries.
Press Release Contact :
Company: Fricke & Associates, P. C.
Address: 1050 Crown Point Parkway, Suite 500
City: Atlanta
State: GA
Zip code: 30338
Telephone number: 1-770-216-2226
Fax number: 1-770-216-2227
Email address: lori@frickecpa.com