Whether you haven't received funding or you still need to apply for the Paycheck Protection Program, there is good news with latest reports from released by the U.S. Small Business Administration – PPP funding is still available!
We are here to help answer any questions you might have about how the PPP funding process works and keep you updated on the most current news regarding funding.
On Friday, May 15th the Small Business Administration (SBA) released the PPP Loan Forgiveness application along with detailed instructions for the application. It's our goal to help simplify this process and get you the information you need. Below we've put together a list of the components necessary for the PPP Loan forgiveness application.
With the impact of the Coronavirus crisis affecting people all over the country, the IRS and the Treasury Department have said that payments promised to Americans will begin being distributed in the next three weeks, providing a lifeline to those whose financial lives have been impacted by the pandemic. This Washington Post article provides a specific timeline for when individuals can expect to receive their payment. For most people, the distribution will be automatic and there will be no action required of them.
Please Read, Understand the Opportunity and Importance, and Reply — We are here to Help!
Loans and grants to small businesses including sole proprietors and independent contractors in the CARES Act are on a first come, first served, basis. Once loans have been approved up to the appropriated amount in the — the program ends (unless Congress appropriates more funds).
If you and your small business need money and help to cover payroll, rent, and utilities — PLEASE DO NOT DELAY in applying for this program or in contacting us for help!
Businesses struggling with the economic impact of the COVID-19 pandemic crisis received good news late last night when the Senate passed an unprecedented piece of legislation aimed at providing a massive stimulus to workplaces and employees alike.
