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ACA Huddle | ACA

ACA Huddle | ACA
acainternational.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from acainternational.org Daily Mail and Mail on Sunday newspapers.

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North Carolina banks post increase in net income this year, according to FDIC data

North Carolina banks post increase in net income this year, according to FDIC data
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Stocks Grind Higher As Focus Turns From Capitol Chaos To Coming Stimulus

Stocks Grind Higher As Focus Turns From Capitol Chaos To Coming Stimulus
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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In search of pandemic relief? Breaking down the new Payroll Protection Plan

RALEIGH – Billions from the federal governmen in new funding is available for businesses and other organizations through new COVID-19 relief legislation signed into law over the weekend by President Trump. But there are many changes from the CARES Act package passed earlier in the year, epecially in the Payroll Protection Plan.
Some $284 billion is available.
North Carolina businesses received some $12 billion under the original PPP plan.
“The Act changes PPP primarily in three ways,” says Thomas Zamadics, Jr., an attorney at North Carolina-based law firm Ward and Smith.
“First, the Act allows new PPP loan applications to be submitted by eligible applicants that never obtained a PPP loan. ....

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What's in new Paycheck Protection Program, Small Business Relief – NC Bankers CEO breaks it down

RALEIGH – The new pandemic relief package signed into law by President Trump on Sunday night includes a new round of Payroll Protection Plan funding – $284 billion – and other help for small businesses. But there are significant changes from the PPP plan launched earlier this year than led to some $12 billion in funding for companies and other entities across North Carolina.
Providing an in-depth look at this new program at the request of WRAL TechWire is Peter Gwaltney, CEO of the North Carolina Bankers Association.
Peter Gwaltney
Paycheck Protection Program (PPP) and Small Business Relief $284 billion
First Draw Changes. Provides $284.6 billion to the Small Business Administration (SBA) to reopen the PPP for first time and second time borrowers. Requires SBA to issue rules within 10 days of enactment. ....

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