Paycheck Protection Program – Page 2

Bill To Allow Some Businesses To Deduct PPP Loan Assistance Passes in Senate

April 20, 2021 2:37 amApril 19, 2021 5:59 pm

A bill that would give eligible businesses that received Paycheck Protection Program (PPP) loan assistance the power to deduct expenses on their taxes passed in the Senate on Monday over three months after it was first passed in the Assembly....

AB 5 Exemption Bill For Seasonal Live Theater Workers Given New Committee Assignment

March 8, 2021 2:52 pm

An Assembly bill that would fracture AB 5 worker classifications by adding an exemption for seasonal live theater workers was assigned to the Assembly Labor and Employment Committee over the weekend. Assembly Bill 1227, authored by Marc Levine (D –...

Gov. Newsom Signs Three Small Business Related Bills

September 10, 2020 2:12 amSeptember 9, 2020 9:17 pm

On Wednesday, Governor Gavin Newsom signed 3 bills into law aimed at assisting small businesses and construction in California. Three bills signed by Gov. Newsom Senate Bill 1447, authored by Senator Steven Bradford (D-Gardena), was the first bill signed on...

Governor Newsom’s Company Found To Have Received Federal Coronavirus Protection Loans

July 7, 2020 4:49 pmJuly 8, 2020 10:26 am

On Monday, the US Treasury Department released data showing that a company tied to Governor Gavin Newsom received a federal COVID-19 relief loan ranging anywhere from $150,000 to $350,000. $150,000 to $350,000 in loans According to the US Treasury, PlumpJack,...

Small Business Owner Facing Ruin over Governor Newsom’s Statewide Business Shut Down Order

April 22, 2020 2:25 amApril 21, 2020 5:00 pm

While millions of American small businesses have been desperately in need of some relief during the coronavirus lockdown and shelter-at-home orders, Democrats dragged their feet on replenishing the Paycheck Protection Program, an SBA loan to help businesses keep their workforce...