Mon, 12/21/2020 - 5:19pm tim
Vermont Business Magazine Senator Patrick Leahy (D-Vermont) Monday evening announced key Vermont highlights of the bipartisan agreement to fund the government for the remainder of fiscal year 2021, which includes the COVID relief package to provide relief to the thousands of Vermonters suffering during an unprecedented health and economic crisis.
As the Vice Chairman of the Senate Appropriations Committee, Leahy secured several key priorities for Vermont in the fiscal year 2021 spending package. The overall bill – which includes the 12 annual Appropriations bills that fund the federal government – totals more than $2.3 trillion in funding for programs across the federal government and efforts to combat the pandemic and provide relief to the American people.
St. Peter CPA Marie Dranttel knows more than most about navigating the federal Payroll Protection Program that provided forgivable loans to business as part of the CARES Act.
The $659 billion in funding was aimed at providing money for keeping employees on the payroll and for some other qualifying expenses. Businesses can get the loans forgiven after documenting they used them for qualifying expenses.
Drantell received a $23,400 PPP loan to help pay her staff.
âIt helped. It paid wages. Thatâs what it was there for and I used it,â said Drantell, who is also a Nicollet County commissioner. âIt was a big help to businesses early on (in the pandemic).â
Fairbanks fabric store was growing its business And then the pandemic happened kodiakdailymirror.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kodiakdailymirror.com Daily Mail and Mail on Sunday newspapers.
Joel Osteen’s Houston megachurch defends getting $4.4 million in federal PPP loans
Lakewood Church spokesperson said loans don’t personally benefit Pastor Osteen
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HOUSTON – Joel Osteen, the pastor at Lakewood Church in Houston, has come under fire in recent days after Houston Chronicle reported that the megachurch received $4.4 million in PPP loans from the Small Business Administration (SBA).
Federal Paycheck Protection Program Loan data provided by the Small Business Administration (SBA) indicates that the loan given to Lakewood Church is the third-largest for any Houston-area business or nonprofit.
The data shows that Lakewood Church applied for the loan on July 21 and that 368 jobs would be affected by the loan.
The Johnson County Healthcare Center is expecting cash reimbursements in the amount of about $2.3 million in the near future, according to discussions at the most recent hospital board meeting.
Facility CEO Sean McCallister, in his report to the board, said the center’s Payroll Protection Program loan of $2 million from the federal government’s CARES Act (Coronavirus Aid, Relief, and Economic Security Act) is expected to be fully forgiven.
McCallister also reported that the facility’s Medicare Cost Report for Fiscal Year 2020 found $263,000 in underpayments from Medicare that the facility will be receiving in the next couple of months.
The JCHC’s fiscal intermediary with Medicare suggested they reopen the Fiscal year 2019 report, which resulted in another $65,000 that will be paid to the healthcare center by Medicare.