Dear Valued Client,
As you probably are aware, the CARES Act authorized the Paycheck Protection Program (PPP) to help small businesses keep employees and bring back employees that have been laid off due to the COVID-19 emergency. The first round of funding was $349 billion and was exhausted within 13 days. Congress is now finalizing an extension of this program, which is anticipated to be approved sometime this week.
If you did not apply during the first round of this program, are considering it, or have questions, please contact your Mueller accounting advisor for guidance. We have helped hundreds of clients in acquiring these funds and are available to help you too.
David J. Nissen, CPA/ABV, CVA