Paycheck Protection Program definition

Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

Paycheck Protection Program means the Paycheck Protection Program established by the CARES Act.

Paycheck Protection Program means the Paycheck Protection Program under the Coronavirus Aid, Relief, and Economic Security Act.

Examples of Paycheck Protection Program in a sentence

• An act to amend the Small Busi- ness Act to extend the statute of limitation for fraud by borrowers under the Paycheck Protection Program, and for other purposes.

• The original principal amount of the PPP Loan was accurately calculated in accordance with the Paycheck Protection Program, including the determination of the Company's employee count and payroll costs, and there is no basis for the SBA, the PPP Lender or any other Person to contest that the original principal amount of any PPP Loan was in excess of the amount permitted under the Paycheck Protection Program.

• The authority granted to these lending facilities to extend loans or purchase eligible assets has ended.10 Federal Reserve Bank of Kansas City Annual Financial Statements On April 8, 2020, each Federal Reserve Bank established and commenced operation of the Paycheck Protection Program Liquidity Facility (PPPLF).

• The Company used the proceeds of the PPP Loan strictly in accordance with the Paycheck Protection Program and, to the to the Seller's Knowledge.

• Paycheck Protection Program (PPP) covered loans as defined in sections 7(a)(36) and 7(a)(37) of the Small Business Act (15 U.S.C. 636(a)(36) and (37)).

More Definitions of Paycheck Protection Program

Paycheck Protection Program means the Paycheck Protection Program established pursuant to the CARES Act and administered by the U.S. Small Business Administration pursuant to the Small Business Act of 1953, 15 U.S.C. § 631 et seq., as amended.

Paycheck Protection Program means that certain loan program originating from the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Pub. L. 116-136, 135 Stat 281.

Paycheck Protection Program means the Paycheck Protection Program established pursuant to Title I (Keeping American Workers Paid and Employed Act) of the Coronavirus Aid, Relief, and Economic Security Act enacted on March 27, 2020, as amended.

Paycheck Protection Program means the Paycheck Protection Program of the CARES Act, as implemented pursuant to any interim final rule (together with any further interim rule and final rule, and all guidance issued by the SBA with respect to Paycheck Protection Program loans) which provides for the forgiveness of a loan under such program for qualified expenses incurred during an eight-week period commencing on the date on which such PPP Loan is advanced.

Paycheck Protection Program means the Paycheck Protection Program established under the CARES Act.

Paycheck Protection Program means the Paycheck Protection Program available to certain eligible applicants pursuant to Section 1102 and 1106 of the CARES Act, including any rules or regulations promulgated thereunder and, in each case, as amended from time to time.

Paycheck Protection Program means the Paycheck Protection Program established under Section 1102 of the CARES Act, as implemented from time to time by the SBA.