Small Business Paycheck Protection Program - Be Prepared

WG Consulting is Here for You

Small Businesses and Non-Profits with less than 500 employees are eligible to receive potentially forgivable loans of up to $10 million related to the impact of COVID-19.

WG Consulting can provide expertise and support you with the following:

Understanding of the Eligibility Criteria

Identification and Preparation of Required Information
Filing Assistance
On-Going Monitoring of the Use of Funds
Applying for Loan Forgiveness, if applicable

The Paycheck Protection Program

Highlights of the Paycheck Protection (PPP) include the following:

Retroactive to February 15, 2020 and valid through June 30, 2020
Maximum loan amount of the lesser of 2.5x the average of the trailing 12 months of qualifying expenses from the date of loan OR $10 million
Restrictions on allowable uses
Maximum 10-year maturity not to exceed 4% interest
Forgiveness of loan if utilized to pay qualified expenses under the PPP