Paycheck Protection Program (PPP) is a loan designed by the US Govt, and implemented by the SBA, to provide a direct and immediate incentive for small businesses to keep their workers on the payroll, and thus avoid large scale job losses, because the SMBs create over 50% of the total jobs across America.
SBA will forgive loans if all employees are kept on the payroll for eight weeks, and the money is used for payroll, rent, mortgage interest, or utilities.
You can apply through any existing SBA 7(a) lender, or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program.
Lenders may begin processing loan applications as soon as April 3, 2020.
The Paycheck Protection Program will be available through June 30, 2020.
Please check with your local lender whether it’s participating in the program.
Who Can Apply
The following entities affected by Coronavirus (COVID-19) may be eligible:
Any small business concern that meets SBA’s size standards (either the industry based sized standard or the alternative size standard)
Any business, 501(c)(3) Non-profit organization, 501(c)(19) Veterans organization, or Tribal business concern (sec. 31(b)(2)(C) of the Small Business Act) with the greater of: 500 employees, or that meets the SBA industry size standard if more than 500.
Any business with a NAICS Code that begins with 72 (Accommodations and Food Services) with more than one physical location, and employs less than 500 per location
Sole proprietors, Independent Contractors, and Self-employed persons.
Friends of Pets was formed as a voice for the animals at Anchorage Animal Care & Control Center, and this remains our rescue focus. As an AACCC rescue partner, we are generally asked to rescue those animals which by municipal ordinance cannot otherwise be adopted directly to the public, usually because they are ill or injured. We also assist in cases of abuse and neglect. Our donors provide the critical financial support to heal and rehabilitate these pets for a second chance at a loving lifetime home. In addition, our rescue program also maintains a small group of long-term fosters and sanctuary animals whose prospects for adoption are limited, but for whom euthanasia is not recommended. Another aspect of our rescue program is the Safe Haven program, a partnership with Abused Women’s Aid in Crisis (AWAIC), in which pets impacted by domestic violence can are assured a safe temporary home when their owner enters the AWAIC shelter. Continue reading →
Lisa Freeman Stephens, CPA was established in 1986 and through various name changes and affiliations has been actively providing accounting, auditing and tax planning and compliance services to businesses and individuals for over 28 years. The firm serves a wide range of closely held and middle market businesses and their owners. In addition, the firm also serves or has served a number of nonprofit and governmental entities.
The firm has, since its founding, demonstrated a commitment to quality services. Although I am the only CPA in the firm, I utilize other CPAs and semi-professionals on a full and part-time basis. My daughter, Jillian Walden, is an accounting and finance graduate of the University of Central Arkansas and with over 17 years of experience as a staff accountant with the firm, she will be the second CPA in the firm.
We also have Pam Townsend, Shelby Roofener, Tiffany Ferguson and Robin Davis employed full time and Kelli Boylston, CPA and Patti Hunter part time in the areas of accounting and tax.
I am a member of the American Institute of Certified Public Accountants and the Arkansas Society of Certified Public Accountants. I am also enrolled in the peer review program and had my last successful peer review as of June 30, 2013. I comply with the continuing professional education requirement of the Arkansas State Board of Public Accountancy, and the U.S. General Accounting Office.
We are a certified public accounting and business advisory firm, founded in 1986. Our progressive nature has allowed us to develop a solid reputation of meeting or exceeding our clients’ needs and expectations.
The individuals at Lisa Stephens Certified Public Accountant, PLC, are caring, responsible people who take pride in their work and value the client relationship. With a commitment to a high standard of excellence, we demonstrate to our clients that we can contribute to their success in an ever-changing business world with planning, ideas and insight.
We provide a full range of accounting, tax and advisory services to a variety of clientele. Our clients and employees value our innovative nature, embracing technology and expertise, to provide timely, quality services in today’s fast-paced business environment Contact:
Toll Free: 800-870-0049
Direct Line: 501-327-2834
Fax Line: 501-327-6663