{"id":1999,"date":"2023-12-03T03:44:14","date_gmt":"2023-12-03T03:44:14","guid":{"rendered":"https:\/\/nammatech.com\/?p=1999"},"modified":"2023-12-03T03:44:14","modified_gmt":"2023-12-03T03:44:14","slug":"erc-grant-loan-application","status":"publish","type":"post","link":"https:\/\/nammatech.com\/erc-grant-loan-application\/","title":{"rendered":"ERC Loan or Grant Application 2024 [How to Apply]"},"content":{"rendered":"\n
COVID 19 saw the coming of a monetary downturn, and businesses often had to let people go. They were tough two years, and the people often worried about their jobs in every nation.<\/p>\n\n\n\n
In the US alone, a lot of people lost their jobs as businesses closed down or shrank in size. It was in March 2020, after a month or two of the COVID attack, that people began panicking and the CARES Act came up.<\/p>\n\n\n\n
The program was meant to bring relief to the businesses that got impacted, ensuring they did not have to let go of their employees. The CARES Act gave way to the Employee Retention Credit Act (ARC), under which non-refundable credits were given out as grants.<\/p>\n\n\n\n