Moving Forward with PPP Loan Forgiveness The Paycheck Protection Program was instituted in early 2020, offering an opportunity for small businesses to receive financial relief after the initial economic injury of the Coronavirus pandemic. The SBA has started accepting loan forgiveness applications, which is great news for businesses looking to move forward. This year has […]
Have you ever heard of the term “bridge loan” before? This type of loan is especially popular in the estate industry as it allows home buyers to take out a loan against their own home in order to put a down payment on a new house. But how are bridge loans relevant to small businesses […]
In the wake of COVID-19, the government has been making lots of efforts in helping small business owners get back on their feet. Most recently, on June 17th, in consultation with the Department of the Treasury, the Small Business Administration (SBA) released a revised forgiveness application for the Paycheck Protection Program (PPP). It was designed in response to the PPP Flexibility Act […]
PPP Loan Program Deadline Extended to Aug. 8, 2020 If you missed the June 30, 2020, deadline to apply for a PPP loan, don’t panic! The deadline has been extended to Aug. 8, 2020, giving small business owners a continued opportunity to apply for the program. The PPP loan program has been such a relief […]
Small Business Funding Options for July 2020 and Beyond The window to apply for PPP loans has closed, but economic injury has not come to an end yet. Though modified since spring, shelter-in-place guidelines are still in place, further damaging an economy that took a huge hit in 2020. Many small businesses are still in […]
Are There Alternatives? The U.S. Small Business Administration recently announced it had exhausted its $349 billion funds for PPP loans. While the program has undoubtedly been a huge benefit to countless businesses across the U.S., our economy is still taking a hit from this pandemic. If your business did not get a PPP loan, don’t […]
How the Payroll Protection Program Helps During a Pandemic As we’re all aware, COVID-19 is affecting the world in ways we have not seen before. This public health pandemic affects our everyday lives, including how businesses are operating. With stay-at-home policies enforced by the government for our safety, small businesses are bracing themselves for losses, […]