However, the new American Rescue Plan Act (ARPA) expanded eligibility and extended the credit, now worth as much as $26,000 per employee
We provide small to medium size businesses with access to business finance without the red tape. We provide a transparent process that approves 90% of applicants and is not dependant on your credit. If you have been in business for at least 3 months, have a business bank account and business revenue we will provide you with the necessary funds to reach your business goals.
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The Employee Retention Credit (ERTC) was enacted by the CARES Act in March 2020 as an incentive to employers to keep their labor force intact during the COVID-19 pandemic.
However, the new American Rescue Plan Act (ARPA) expanded eligibility and extended the credit, now worth as much as $26,000 per employee..
There is no need to pay back the ERTC, and is in a sense, similar to the stimulus check that the everyday taxpayer received. Any business structure under 500 employees can potentially qualify.
The Employment Retention Program was Introduced in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the Employee Retention Credit was created by Congress to encourage employers to keep their employees on the payroll during the months in 2020/21 affected by the coronavirus pandemic.
The Employee Retention Credit (ERC) is also available to businesses that opened after February 15, 2020. You could claim up to $100,000 for Q3 and Q4 of 2021!.
"We have recieved $350,000 in funding over the past 4 years and we have grown exponentially."
-Dr Momaod, Pennsylvania
"We have 4 locations and Etrust Business was able to get us loans on each location based on the need."
-Sean M, Maryland
"We needed funding to open up a new location in San Diego in 3 days, we were not disappointed ."
-John's Autoglass
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