IMPORTANT NOTE: The PPP and EIDL programs are now replenished for round two. We encourage all eligible small businesses to apply now through their financial institution or through an...
PPP for the self-employed and independent contractors
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PPP and EIDL Loan Programs On Hold. What’s Next?
IMPORTANT NOTE: The PPP and EIDL programs are now replenished for round two. We encourage all eligible small businesses to apply now through their financial institution or through an...
PPP Loan Forgiveness
IMPORTANT NOTE: The SBA and the Treasury Department have released the eagerly awaited Paycheck Protection Program (PPP) loan forgiveness application and detailed instructions. The...
Using your financial statements during an economic crisis
The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations and make difficult decisions. One place to look for the information...
The Fed’s Main Street Lending Program: Who’s Eligible?
Questions and Answers on the central bank’s $600 billion direct-loan program The Federal Reserve announced the creation of new lending programs to help businesses that need access to cash...
SBA Issues PPP Frequently Asked Questions; Gives Favorable Answers
As banks start accepting and processing applications, and businesses and their advisors race to apply, all have struggled with limited PPP guidance and unanswered questions. Late Monday...
Uncertainty Surrounds the SBA PPP and EIDL Programs
The U.S. Small Business Administration reported Saturday morning that banks had approved more than 725,000 loans from its $349 billion Paycheck Protection Program, totaling over $182...
Are you eligible for unemployment insurance? Here’s what to know
Laid off or furloughed because of COVID-19? We answer your questions about unemployment benefits. Unemployment claims are soaring across the United States due to coronavirus-related...
SBA Answers More Key PPP Questions – Many Remain
UPDATE 4/4/20: The SBA has Issued a Second Round of Guidance - 13 CFR Part 121. This guidance primarily focuses on affiliation rules for businesses, not-for-profits and faith-based...