Paycheck Protection Program

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.

Please see this page to learn more details. Thanks.
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp

Berberich Trahan & Co., P.A., CPA in Topeka, KS

Since 1998, Berberich Trahan & Co., P.A. has been a proud member of RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States, with more than 75 members in over 38 states, the Cayman Islands, and Puerto Rico. We accepted an invitation to become a member of RSM US Alliance because it is a natural fit with our commitment to our clients and our determination to stay at the forefront of developments affecting accounting and consulting firms today.
RSM US Alliance provides its members with access to resources of RSM US LLP. RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms.
Members of RSM US Alliance have access to RSM International resources through RSM US LLP but are not member firms of RSM International. Visit rsmus.com/aboutus for more information regarding RSM US LLP and RSM International. The RSM™ logo is used under license by RSM US LLP. RSM US Alliance products and services are proprietary to RSM US LLP.
Address:
3630 SW Burlingame Rd
Topeka, KS 66611-2050
Email: info@btandcocpa.com
Phone: (785) 234-3427
Fax: (785) 233-1768
Blog:
http://www.btandcocpa.com/blog/

Lindburg Vogel Pierce Faris, CPA in Hutchinson, KS

A Brief History
Lindburg & Vogel, Chartered began in 1976 in Hutchinson, Kansas when Clifford E. Lindburg and Kenneth E. Vogel purchased an accounting practice that had been in existence since the late 1940s. As the years progressed, additional offices were established in Topeka, Dodge City and Hays, Kansas. In October of 2007, the Topeka office was relocated to Manhattan, Kansas.
Pierce, Faris & Company was organized in Hutchinson, Kansas on August 1, 1946. As the years progressed other shareholders were admitted into the firm and the name reflected some of those changes. On August 1, 1984, the firm became a professional corporation and the firm name was changed to Pierce, Faris & Co., Chartered.
Each Firm shared the same goals and philosophies and on November 1, 2008, merged to become Lindburg Vogel Pierce Faris, Chartered. Shareholders at the time of merger were Clark Cowl, Gregory Daughhetee, John Denney, Michael Evans, Roger Field, Kenneth Hamby, Michael Meisenheimer, Edward Michel, Nick Mueting, Todd Pflughoeft, Robert Schraeder, and Steven Stoecklein. Billy Klug was admitted as a shareholder on September 1, 2009.
Our Philosophy
We will constantly strive to deliver our services at the highest possible level of competence. We will concern ourselves intimately with the problems of our clients, utilizing our knowledge and experience to help them attain the satisfaction that comes with problems solved and goals achieved.
Our desire is to attract clients of good moral and ethical fiber, respected members of the business community who will value our professional service.`
We will never compromise our integrity to any client, to our own profession, our community, or our employees.
Our staff shall be comprised of persons with outstanding qualifications who will work in harmony with these stated objectives. We shall strive to operate as a close-knit group, not as a collection of individual entrepreneurs or other type of fragmented entity. We will maintain a continuing program of educational opportunities for our staff for their self-improvement. We will strive always to maintain an internal climate conducive to maximizing the full potential of each employee. The size of the organization shall be solely determined by our ability to obtain a highly competent staff to satisfy the needs of our clients.
Our fees shall be fair and reasonable according to all appropriate factors, including the complexity of the engagement and the quality of service we offer.
Consistent with our desire to be a good citizen of the community and a positive force in the profession, we will participate in various CPA activities as well as social, civic, and charitable causes.
We will answer all of your questions, as they impact both your tax and financial situations. We welcome you to contact us anytime.
Address:
2301 North Halstead
Hutchinson, KS 67502
Telephone (620)669-0461
Fax: (620)669-9327
Email: info@lvpf-cpa.com
Website: http://www.lvpf-cpa.com
News:
http://www.lvpf-cpa.com/dailynews.php