Many businesses are eager to apply for the new Paycheck Protection Program Loans available from the CARES Act. But, did you know your business can either take advantage of a Paycheck Protection Loan, or claim the Employee Retention Credit? The best choice for you depends on a few factors. In this video, Numberwise Accounting owner, Andy, walks through each option and how they differ.
For more info on the Paycheck Protection loan, here’s a link to a video walk-through by Andy.
Check out our COVID-19 resource page for more blog posts, videos and helpful information for businesses during the Coronavirus pandemic.