CNBC interviewed Partner Michael Maksymiw for an article about businesses that were closed out of the Payment Protection Plan funds.
By Darla Mercado
“Some clients were funded on the same day of approval and others were funded four days later,” said Maksymiw.
Paycheck Protection Program
Many small business owners have applied for Paycheck Protection Program loans, created under the CARES Act as an incentive for employers to maintain payroll during the COVID-19 pandemic. Marcum can assist you in calculating your average monthly payroll for the loan application as well as compliance with the requirements of the loan forgiveness program. We offer interim and final field work assistance to maximize the amount of the loan forgiveness. Learn more.
Coronavirus Resource Center
Have more questions about the impact of the coronavirus on your business? Visit Marcum’s Coronavirus Resource Center for up-to-date information.