ICYMI: Snow Removal Equipment: Do More With Less This Winter
Jessica Schwartz
PPP The Second Time Around
Small businesses struggling from the impact of COVID-19 are getting another round of financial help from the just passed Emergency Coronavirus Relief Act of 2020, a bill that contained $284 billion for the renewed Paycheck Protection Program. (PPP). The new loans will be tax deductible and available to any lawn ...
Is Your State Supporting Small Business? A Guide To Loans
Confused as to what state and regional COVID loans might be available to you? Then check out a list of over 400 loans compiled by Best Accounting Software. The report, “US States’ Small Business Support Amid the Coronavirus Pandemic,” also analyzed and ranked the states by amount of aid available. ...
Who Got What? PPP Funding Statistics By State So Far
Only 5.7% of small businesses across the U.S. got approved for funding in the initial round of loans from the Paycheck Protection Program, according to a recent report analyzing state numbers from business.org. Using the U.S. Small Business Administration’s (SBA) data, the organization divided the total number of small businesses ...
Applications Reopen For New PPP Funding/Michigan Allows Lawn Work
Applications are being accepted again today for the Paycheck Protection Program (PPP) after the initial $349 billion of funding was exhausted in less than two weeks. On Friday, another $310 billion was added to the PPP program, including $60 billion set aside specifically for small lenders. But many fear this ...
Getting An SBA Economic Injury Disaster Loan (EIDL)
Update On Thursday, April 16, 2020, the SBA announced a lapse in appropriations for the EIDL program related to COVID-19. From its website: “SBA is unable to accept new applications at this time for the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations ...
Will Federal Aid Be Enough To Save Your Small Business?
Update On April 16, 2020, the U.S. Small Business Administration (SBA) announced it had exhausted allotted funds for the Paycheck Protection Program (PPP). SBA, which administers the PPP, shut down its application and ceased enrolling new lenders into the program. _______ Will federal aid programs be enough to help small ...
PPP (Paycheck Protection Program) Loans For Small Businesses Affected By Pandemic
Last week, the U.S. Small Business Administration (SBA) launched the Paycheck Protection Program, or PPP, a $349 billion emergency loan program created as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES). The PPP provides forgivable loans up to $10 million to small businesses left financially distressed by ...
