Payment Protection Program Helps Hicksville Businesses Before Wrapping Up

Created in April 2020 as part of the Coronavirus Aid, Relief and Economic Security Act (CARES), the Paycheck Protection Program (PPP) is a federally funded $953-billion business loan program created to help certain businesses, self-employed workers, sole proprietors and certain nonprofit organizations continue paying their workers.
The loans are forgivable if borrowers meet certain criteria, including spending at least 60 percent of the money on payroll costs and maintaining employee compensation levels. The program recently ended after being extended through 2021. According to the Small Business Adminstration (SBA), a number of Hicksville businesses were among the 415,741 PPP loans that had an overall amount of $22,734,700,124 approved in New York in 2021. Among the Hicksville businesses that received PPP help are the Sam Ash Corporation, L&L Painting Co. Inc. Nassau Candy Distributors Inc., Homecare Therapies LLC, Catholic Charities Of The Diocese Of Rockville Centre, Inc., Central Nassau Guidance & Counseling Services, Inc., Aides At Home, Inc., A.V.A. Pork Products Inc., Lincoln IT LLC and United Telecom USA Inc.