by R.L. Goodrich | Jan 18, 2021 | Businesses, COVID-19, News, PPP, SBA
A new round of Paycheck Protection Program (PPP) loans have been announced as part of the massive legislation that was signed into law on December 27, 2020. As with the first PPP, the loan is forgiven if spent on allowable expenses and the funds are limited. It is...
by R.L. Goodrich | May 15, 2020 | COVID-19, Guidance, PPP, SBA
As many of you have started to receive funds from the Small Business Association’s (SBA) Paycheck Protection Program (PPP) loans provided by their lenders, I wanted to offer you some suggestions for tracking the use of these PPP loans. It is essential that you are...
by R.L. Goodrich | Apr 3, 2020 | Businesses, COVID-19, PPP, SBA
SMALL BUSINESS PAYCHECK PROTECTION PROGRAM- STARTS TODAY The Paycheck Protection Program (PPP) provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities....
by R.L. Goodrich | Mar 27, 2020 | Businesses, COVID-19, SBA
The Small Business Administration (SBA) has issued preliminary guidelines and criteria to qualify for their Disaster Loan Assistance due to the impact of the COVID-19 pandemic. The SBA Disaster Loan Program will offer loans from the SBA that will be repaid directly to...
by R.L. Goodrich | Mar 19, 2020 | Businesses, COVID-19, News, SBA
Many of you are asking about the SBA Disaster Loan Program. Here are some facts: Any business affected by the current COVID-19 outbreak can apply for up to $2,000,000 in emergency loans. These are low interest loans with annual interest rates between 2.75% and 3.75%....
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