The PPP Loan Forgiveness Application
On Friday, May 15, 2020, the U.S. Small Business Administration, along with the Department of the Treasury released the Paycheck Protection Program (PPP) Loan Forgiveness Application. Learn more…
SBA Loan Assistance Guide
In the midst of the coronavirus pandemic, many business owners are looking for financial assistance to make ends meet. As you may have heard, the Small Business Administration (SBA) is now offering help to small businesses by providing low-interest loans. As we’ve written previously, even if you don’t need a loan now, you might later on. So NOW is the time to familiarize yourself about the process (our blog on that is here).
Small Business Administration (SBA) Loans
The SBA (Small Business Administration is planning a stimulus package for small businesses during the pandemic. That stimulus for small business consists of loans directly by the SBA (not from banks). These loans will be at a fixed rate of 3.75% and up to $2M, with a long-term payback.