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First-round PPP loan beneficiaries who lie under the following category can apply for the second program: This tax credit can be claimed until 2024 and 2025 for small businesses with W-2 employees in New York.
NBCC Video Update PPP Loan Deadline Extended to May 31—Apply Now! YouTube As part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a $484 billion aid package signed on April 24, 2020 and the Paycheck Protection Flexibility Act sign June 5, 2020—the Paycheck Protection Program (PPP) provided $659 billion of loan funds to support small businesses, nonprofit organizations, and other eligible entities impacted by COVID-19. Hospitality and food services businesses with NAICS codes starting from 72, have less than 300 employees per physical location Xinxin Foot Spa in Penfield, for example, got $2,500 in a PPP loan
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