by Eric Beepat | Jun 4, 2020 | Small Business
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...
by Eric Beepat | Apr 24, 2020 | Small Business
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...
by Eric Beepat | Apr 8, 2020 | Small Business
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...
by Eric Beepat | Apr 4, 2020 | Corona Virus Payroll Credits, Small Business
Small and midsize employers can begin taking advantage of two new refundable payroll 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...
by Eric Beepat | Apr 1, 2020 | Small Business
CARES Act Paycheck Protection Program vs. SBA’s Economic Injury Disaster Loans The President signed the CARES Act last week introducing a new small business relief program called the Paycheck Protection Program. It reserves nearly $350 billion to provide a...