There have been two large changes to loans offered by the U.S. Small Business Administration (SBA). If your business utilized a loan from the SBA, check out these two changes to see if your loan qualifies in the changes: 1) Paycheck Protection Program loan expense deductions changed by recent Omnibus bill: A brief from the Congressional Research Service,Read more
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By Jules Broussard | Business Help, COVID-19 Updates, Education, News | Comments are Closed | 7 January, 2021 | 0
The Small Business Administration’s (SBA) disaster loans are the primary form of Federal assistance for the repair and rebuilding of non-farm, private sector disaster losses. The disaster loan program is the only form of SBA assistance not limited to small businesses. The Economic Injury Disaster Loan Program (EIDL) can provide up to $2 million ofRead more
By Elizabeth Miller | Advocacy, Business Help, COVID-19 Updates | Comments are Closed | 28 March, 2020 | 0
SMALL BUSINESS PAYCHECK PROTECTION PROGRAM **Updated 4/27/20** Full Borrower Fact Sheet from U.S. Treasury Overview The Paycheck Protection Program (“PPP”) authorizes up to $349 billion plus an additional $321 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The PPPRead more
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