YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The Small Business Administration has officially weighed in on using Paycheck Protection Program funds to pay for bonuses after speculation on the topic.
SBA officials say bonuses, hazard pay or other extra compensation can be doled out to employees but not owners.
Bonuses can be given out – and forgiven – as long as the employee's total salary does not exceed $100,000 on an annualized basis, according to the SBA.
Read more from the Washington Business Journal.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Eric Schmitt introduces Modern Skies Act
Caterpillar to acquire John Fabick Tractor Co.
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach