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 […]
The Importance of Understanding Small Business Loan Terminology COVID-19 has made a significant impact on the economy. These are clearly unprecedented times, and many business owners are responding to the situation with measures that might be a first for them. To survive this storm, you may have been led to apply for a small business […]
Staying Afloat During COVID-19 Business owners do so much to keep our communities going on a day-to-day basis. They provide services and products that contribute to the bigger picture, which is why so many of us rely on local businesses. That said, COVID-19 and its impact on the economy is a true threat to many […]
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 […]