WebJul 8, 2024 · They’re among more than 18,000 Kentucky- and Indiana-based businesses, nonprofits and other entities approved for forgivable loans of at least $150,000 under the federal Paycheck Protection Program. WebTracking PPP. Search Every Company Approved for Federal Loans Search for PPP loan applications by organization, lender, zip code and business type. Home › QUANDA YOUNG. Why is my loan information here? Loan Amount. $20,750 Where applicants said the money will go. Payroll. $20,749 ... Loan Status. Not Disclosed ...
Justice Department has charged 57 people with trying …
WebJan 6, 2024 · Researchers estimate that $76 billion in PPP loan money was taken illicitly. That’s almost 10% of the program’s nearly $800 billion budget. Fintech lenders had the highest rate of suspicious PPP loans. Financial lenders — or fintechs — made around 29% of all PPP loans but accounted for more than half of its suspicious loans to borrowers. WebMar 19, 2024 · For Kentucky income tax purposes, taxpayers may to deduct expenses that were paid with forgiven Paycheck Protection Program (PPP) loans under a new law approved by the general Assembly and... polysporin eye drops baby
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WebJul 8, 2024 · The PPP loan application required companies to certify that the applicant “was in operation on February 15, 2024 and had employees for whom it paid salaries and payroll taxes.” WebAs part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. Search more than 11 million loans approved by lenders and disclosed by the … WebMar 15, 2024 · Contact Us On Friday, March 12, 2024, the Kentucky General Assembly passed House Bill 278, providing deductibility for Kentucky tax purposes of expenses paid with PPP loans. The same bill provides for the exclusion from taxable income and deductibility of expenses paid with Economic Injury Disaster Loan advances. polysporin ear drops canada