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Payroll Protection Program applications now available
Friday, April 3, 2020
Monday, May 1, 2023
The Paycheck Protection Program authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone.
The loan amounts will be forgiven as long as:
- The loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the eight-week period after the loan is made; and
- Employee and compensation levels are maintained.
Latest Posts
SETTING THE RECORD STRAIGHT
A Statement From The MTHA Board of Directors On The Election Nominations Process
MTHA Board Extends $1,000 Minimum Purse Payment to All Races
The MTHA Board of Directors unanimously authorized a minimum purse payment of $1,000 to every starter, through last place, in all races, including stakes.
