by admin | Apr 16, 2020 | Blog
Dear Fellow Business Owner, If you are speaking with your banker you may have learned that the banks have to disburse PPP loan within 10 days of approval and you have to use the funds for payroll (primarily) before 6/30/20. Depending on timing of reopening the economy...
by admin | Apr 4, 2020 | Blog
FFCRA Credit Paycheck Protection Program (PPP) Loan Expansion of the SBA’s Economic Injury Disaster Loan (EIDL) Employee Retention Credit Payroll Tax Deferral Criteria/ Eligibility ERs with less than 500 EEs Business with not more than 500 EEs. Sole proprietors....
by admin | Mar 31, 2020 | Blog
The Small Business Owner’s Guide to the CARES Act The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When...
by admin | Mar 27, 2020 | Blog
COVID-19 Small Business Funding – Urgent Small Business Administration The Small Business Administration is receiving an enormous amount of funding and significant program adjustments to help small businesses weather and survive the crisis. A sample of the...
by admin | Mar 21, 2020 | Blog
Small Business Administration Economic Injury Disaster Loan Process The Small Business Administration (SBA) has made Economic Injury Disaster Loans (EIDL) available to small businesses. These Economic Injury Disaster Loans are for working capital only. In...
by admin | Mar 21, 2020 | Blog
Call your bank and ask for 3-6 month loan deferment. The rates are so low that the banks are willing to do refinancing and roll the deferred payments in. In addition, SBA can loan you up-to $2M to fight the situation, visit its site.Economic Injury Disaster...
