Tax News

Paycheck Protection Program

Updated 4.2.2020 – BFJ Financial Group recognizes that the COVID-19 pandemic has had an economic impact on all of our lives and we are committed to helping you work through these unprecedented times by providing you with timely information regarding economic topics. The Paycheck Protection Program (PPP) provides relief to eligible small businesses by providing funds to pay up to 8 weeks of payroll costs (including benefits) and other business expenses, such as rent and utilities. Funds are provided in the form of loans that will be fully forgiven if used for these expenses. Below is a link to the U.S. Department of the Treasury that provides the following details regarding this program:

U.S. Treasury Paycheck Protection Program

We are available to answer your questions or assist you regarding this program.

We will continue to update you on this and other coronavirus-related economic issues in the coming days as more information becomes available.

Hoping you and your family remain safe and healthy during this extraordinary period.

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