With nearly 100,000 contractors in the Mortgage Field Services Industry, chances are that 80% or more have applied for the Payroll Protection Program (PPP). PPP was designed as a program to get cash infusion to firms with 500 employees or less during the COVID Crisis. Additionally, Congress made these funds available to sole proprietors. PPP loans were designed to keep employees working and small businesses open. Two acts actually brought PPP forward. The first act was the Coronavirus Aid, Relief, and Economic Security (CARES . . .
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