BitX Funding: How to apply for Payment Protection Program

BitX Funding: How to apply for Payment Protection Program

More About BitX Funding: How to apply for Payment Protection Program

BitX Funding is committed to supporting small business through the COVID-19 outbreak and helping them through a very stressful time, BitX receive calls from small businesses with W2’s, 1099 and sole proprietors confused on where to begin. BitX platform and customer service are here to make a frictionless process for business owners to apply for the Paycheck Protection Program fast and with full transparency. The program is every changing as we just learned that in a very short period of time the program has ran out of funds. But business owners should keep pressing forward and process their application so to be in position for when the Congress and Senate approve more funding. Large banks are providing very little support or guidance to the business community, so we recommend putting in your application with BitX to see who funds first.

The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone.

The loan amounts will be forgiven as long as:

• The loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made; and
• Employee and compensation levels are maintained.

Payroll costs are capped at $100,000 on an annualized basis for each employee. Due to likely high subscription, it is anticipated that not more than 25% of the forgiven amount may be for non-payroll costs.

Loan payments will be deferred for 6 months.

More information: click for details

Tags: local events



Event Details

Date: May 18, 2020






  • Visit Website
    The Mumbai Times Restaurant serves authentic Indian food featuring both Southern and Northern specialties. Try our chef's special dinner platters, including Wild Salmon Grilled or Poached, or Free Range Natural Chicken grilled in a Tandoori Oven

  • Visit Website
    Marta knows real estate. She’ll help with the myriad challenges in a transaction. She’ll ask the questions you may not know you should be asking. She’ll give you the information you need to make the best move for you!

  • Visit Website
    Chef Rafael Palomino makes a statement with every dish. Tapas along with our famous mojitos are the main attraction at Sonora. Grab your friends and order tapas to share an experience to remember. Join us for Jazz on Friday evenings. Check out our Happy Hour menu!

  • Visit Website
    Greenwich Botanical Center is located in the stunning 61-acre Montgomery Pinetum Park in Cos Cob, CT. Dedicated to promoting horticulture, conservation and the arts through educational programs, outreach activities and special events.See what's in bloom now!

Share This Event
  • Visit Website
    The Mumbai Times Restaurant serves authentic Indian food featuring both Southern and Northern specialties. Try our chef's special dinner platters, including Wild Salmon Grilled or Poached, or Free Range Natural Chicken grilled in a Tandoori Oven

  • Visit Website
    Marta knows real estate. She’ll help with the myriad challenges in a transaction. She’ll ask the questions you may not know you should be asking. She’ll give you the information you need to make the best move for you!

  • Visit Website
    Chef Rafael Palomino makes a statement with every dish. Tapas along with our famous mojitos are the main attraction at Sonora. Grab your friends and order tapas to share an experience to remember. Join us for Jazz on Friday evenings. Check out our Happy Hour menu!

  • Visit Website
    Greenwich Botanical Center is located in the stunning 61-acre Montgomery Pinetum Park in Cos Cob, CT. Dedicated to promoting horticulture, conservation and the arts through educational programs, outreach activities and special events.See what's in bloom now!

Would you like to add your event at TownPlanner.com?

Town Planner is a community-minded organization. We're all about keeping things local and promoting hometown pride! That's why we're glad to offer you this medium to inform the public about your event. Post it today and it will appear on our website, our newsletter, and our mobile app.

As a general rule, we welcome the submission of events from charities, non-profit organizations, and municipal or community organizations such as mayor's offices, churches, schools, and the like. To get started, simply create an account. It's free and easy and you'll be able to start posting events as soon as you receive your authorization email.

If you're a business owner or you wish to promote a for-profit event, your event may be subject to the policies of your local Town Planner publisher. Some publishers may charge a nominal fee for such events, or reject them if they compete with other events from paying sponsors. To learn more about your local publisher's policies, or to inquire about adding a coupon or display ad for your business, please use our contact form.

Please keep in mind that Town Planner is a family-friendly publication and we reserve the right to reject any event that is deemed offensive, obscene, or otherwise inappropriate for inclusion on our site.

Remember that we're not just online! If you do business in an area with a local Town Planner publisher, our beautiful full color wall calendar is delivered free each December to thousands of homes in your community. Most people who receive the calendar hang it up in a prominent place and keep it all year long, making sure your business is On Display Every Day!

We're looking to bring the Town Planner to even more communities across America. If you or someone you know have an entrepreneurial spirit and would like to promote local businesses and build hometown pride while achieving financial security for yourself, why not look into becoming a Town Planner publisher?

Comments, Questions, or Concerns?

We're here to help! Email Us

Town Planner - Quickly Becoming America's Calendar!