Small Business

PPP Changes Head to President

PPP Changes Head to President

PPP Changes head to the President Business owners who received a forgivable loan through the Paycheck Protection Program are finally getting more flexibility. The Senate passed H.R. 7010 Wednesday night that changed how business owners can use the...

Paycheck Protection Program Round 2 Resumes: April 27th @ 10:30am

Paycheck Protection Program Round 2 Resumes: April 27th @ 10:30am

Paycheck Protection Program: Round 2 The President signed a bill Friday creating a second round of loan funding for companies struggling to retain employees. There will be $310 billion for the Paycheck Protection Program, $50 billion for the Economic Injury Disaster...

Small Business Administration Express Bridge Loans Summary

Small Business Administration Express Bridge Loans Summary

SBA Express Bridge Loans: Summary I’ve shared some info on the CARES Act already, but there are other programs, such as the Express Bridge Loan Pilot Program (EBL), that offer small businesses assistance.  The Small Business Administration (SBA) expanded its EBL...

COVID-19 Payroll Tax Credits Available now

COVID-19 Payroll Tax Credits Available now

Small and midsize employers can begin taking advantage of two new refundable pay​roll tax credits provided under the Families First Coronavirus Response Act. They have been designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing...

SBA Disaster Loans for Landlords

SBA Disaster Loans for Landlords

Just wanted to bring attention that Landlords/Rental Property Owners affected by the Covid-19 pandemic are eligible for the SBA Economic Injury Disaster Loans.  Quick details on the loans: These loans are up to $2MM The loan terms are 30 years, 3.75% rate...