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.
For years, Carolleen Lovell has been providing quality, personalized financial guidance to local individuals and businesses. Carolleen Lovell’s expertise ranges from basic tax management and accounting services to more in-depth financial statements. OUR MISSION
Our mission is to help clients maintain financial viability in the present while taking a proactive approach to achieve future goals. This requires open communication to reach an understanding of our clients’ needs, thorough research, and sound analysis. Carolleen Lovell is dedicated to meeting these goals with high standards of excellence and professionalism.
Carolleen Lovell is a full-service accounting firm serving clients throughout the area, dedicated to providing our clients with professional, personalized services and guidance in a wide range of financial and business needs.
On this website, you will find information about Carolleen Lovell, including our list of services. We have also provided you with online resources to assist in the tax process and financial decision-making. These tools include downloadable tax forms and publications, financial calculators, news and links to other useful sites. Whether you are an individual or business in or around Hermiston, Carolleen Lovell has years of valuable experience assisting professionals with their accounting needs. Address:
635 S.E. 4th Street
PO BOX 747
Hermiston, OR 97838
Telephone: (541) 567-1780
Fax: (541) 567-0523
Our Mission Statement
We are committed to offering a full range of Business and Accounting Services to our clients with the professionalism they deserve. We are locally owned and understand the importance of community, honesty and integrity. We hold our clients to this standard as well as ourselves. That is what sets us apart. Professionalism
Our firm is one of the leading firms in the area. By combining our expertise, experience and the energy of our staff, each client receives close personal and professional attention.
Our high standards, service and specialized staff spell the difference between our outstanding performance, and other firms. We make sure that every client is served by the expertise of our whole firm. Responsiveness
Our firm is responsive. Companies who choose our firm rely on competent advice and fast, accurate personnel. We provide total financial services to individuals, large and small businesses and other agencies.
To see a listing of our services, please take a moment and look at our services page. Because we get new business from the people who know us best, client referrals have fueled our growth in the recent years.
Through hard work, we have earned the respect of the business and financial communities. This respect illustrates our diverse talents, dedication and ability to respond quickly. Quality
An accounting firm is known for the quality of its service. Our firm’s reputation reflects the high standards we demand of ourselves.
Our primary goal as a trusted advisor is to be available and to provide insightful advice to enable our clients to make informed financial decisions. We do not accept anything less from ourselves and this is what we deliver to you.
We feel it is extremely important to continually professionally educate ourselves to improve our technical expertise, financial knowledge and service to our clients.
Our high service quality and “raving fan” clients are the result of our commitment to excellence.
We are a premier accounting firm and provide the highest quality professional services to the citizens of the South Coast. We use a team approach to effectively serve our clients and empower our staff to achieve their career goals. We have a positive work environment based upon mutual trust, respect and quality of life. We set high expectations for ourselves so that we are equipped and able to provide valuable guidance to our clients and improve the financial vitality of our community. Address:
3690 Broadway Street,
North Bend, OR 97459
Website: http://www.hmwcpas.com Newsletter: