by Cary Zimmerman | Apr 7, 2020 | Finance, Government
By Cary Zimmerman and Kevin O’Connor The Treasury Department and Small Business Administration (SBA) have issued new FAQs regarding Paycheck Protection Program loans. Below is a summary of the guidance. The FAQs state that they will be updated on a regular basis, so...
by Jennifer Hart | Apr 3, 2020 | Finance, Government
Today was the first day the Small Business Administration (SBA’s) processed applications for the groundbreaking Paycheck Protection Program. And the $349 billion allocated to the program is already going fast. By 9 a.m. community banks had processed 700 loans...
by Anne Corrigan | Mar 27, 2020 | Employment, Finance, Government
[Updated 3-27-20 @ 4:40 PM: President Trump has signed the CARES Act.] By Justine Lara Konicki & Anne Corrigan A historic $2 trillion stimulus package was signed by President Trump Friday after being passed by Congress. The bipartisan Coronavirus Aid, Relief, and...
by Cary Zimmerman | Mar 25, 2020 | Finance, Government
PLEASE NOTE THAT THIS INFORMATION IS BASED ON THE SBA PROGRAMS AS OF MARCH 23, 2020 AND MAY CHANGE SUBSTANTIALLY BASED ON PASSAGE OF THE STIMULUS PACKAGE BY CONGRESS. By Cary Zimmerman and Anne Corrigan Many small businesses are looking for information on how they...
by Cary Zimmerman | Mar 20, 2020 | Finance, Government
By Cary Zimmerman As one of what will likely be several supplements to our recent article about the SBA’s Economic Injury Disaster Loan (EIDL) program, below are answers to more in-depth questions that small businesses considering applying for an EIDL may have about...
