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Type of loan. Best for. Typical terms. Short-term loan. Fast funding for an emergency. Often unsecured with financing up to $250,000 (sometimes more) Repayment periods of 24 months or under
PPP loan proceeds may generally be used for payroll costs. Payroll costs include gross salary and wages, tips, vacation leave, sick leave, holiday pay, furlough pay, bonuses, severance pay, and other compensation paid to employees, up to $46,154 per employee.
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." [1] [2] [3] The loans are also sometimes referred to as " cash advances ," though that term can also ...
BOSTON – A Stoughton man pleaded guilty in federal court Thursday to fraudulently obtaining COVID-19-related small-business loans from financial institutions, the U.S. attorney's office said.
The Phoenix pay system is a payroll processing system for Canadian federal government employees, provided by IBM in June 2011 using PeopleSoft software, and run by Public Services and Procurement Canada. The Public Service Pay Centre is located in Miramichi, New Brunswick.
Loan type. Amount. Purpose. Commercial real estate loan. Up to $5 million. Funds can finance the purchase or leasing of a commercial property used for business purposes.
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