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Thursday, 10 June 2021 17:51

Sununu to Sign PPP Tax Exemptions for New Hampshire Businesses

Written by Christian Wade, The Center Square
New Hampshire Gov. Chris Sununu delivers his budget address Feb. 11. New Hampshire Gov. Chris Sununu delivers his budget address Feb. 11. YouTube/Gov. Chris Sununu

Index

...another round of forgivable PPP loans, and allowed businesses to claim tax deductions for the expenses they covered with forgiven loan proceeds.

 

More than 25,000 New Hampshire businesses received about $3.72 billion through the  loan program, according to the latest data from the U.S. Treasury.
 
The federal program effectively ended last week, when the Small Business Administration stopped taking applications for funding. 

 

We thank The Center Square for reprint permission. 

 

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