Wed, Aug 4, 2021
The U.S. Department of Transportation (DOT) is reopening the Aviation Manufacturing Jobs Protection (AMJP) application portal for four weeks. Eligible companies have until September 1, 2021 to apply for funding worth up to 50% of employee wages including benefits for up to six months. Overtime and bonuses are excluded.
In addition to these requirements, there are special rules that apply to the timing of receipts and spending of payments from the Employee Retention Tax Credit, Paycheck Protection Program 1 and the Payroll Support Program 1 under the Coronavirus Aid, Relief, and Economic Security Act or “CARES Act.”
For more information on the AMJP program and with assistance in applying, please contact us below.
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