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SBA’s Economic Injury Disaster Loans and Advance Program Reopened to All Eligible Small Businesses and Non-Profits Impacted by COVID-19 Pandemic
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Evaluation of SBA’s Eligibility and Forgiveness Reviews of Paycheck Protection Program Loans Made to Borrowers with Treasury’s Do Not Pay Data Matches
… exposed the program to financial losses and improper payments. In addition, SBA did not use all Treasury’s DNP … and federal standards for identifying/preventing improper payments and seek remedy or repayment of ineligible loans. … -
SBA Announces First-of-Its-Kind Technology Initiative for Restaurant Revitalization Fund
… application process," said Nick DeLeonardis SVP & GM, Payments, Lending, and Payroll at Toast . "As the Biden … -
Build Your Small Business Credit: 4 Key Differences That Matter
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How to Use the ‘Rule of Three’ to Create a Business Credit Profile
… lines of credit , loans, insurance premiums, lease payments and supplier based credit. By establishing a good … -
With $349 Billion in Emergency Small Business Capital Cleared, SBA and Treasury Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds
… or SBA fees – all with a 100% guarantee from SBA. All loan payments will be deferred for six months. Most importantly, … -
How to Fund Your Business Startup: 5 Fast and Popular Options
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Small Business Administration Announces Further Action to Help PPP and COVID EIDL Borrowers
… hardship accommodation plans significantly lower monthly payments – sometimes as low as $25 per month – for six months, and then payments gradually increase over a multi-year period. More … -
Here’s how to avoid disaster recovery scams
… claim check to a contractor for repairs. Make final payments only after the work is completed and use a verified … -
SBA Approves Over $11 Million in Disaster Loans after Hurricane Ida; Application Deadline Approaching Jan. 28
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SBA Teams with Tech Heavyweights to Help American Small Businesses Go Digital
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Report 10-10 - Audit of the Premier Certified Lenders in the Section 504 Loan Program
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Business Trends to Keep Top of Mind in 2022
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SBA Tops $25 Million in Disaster Assistance Loans for Severe Winter Storms, Flooding, Landslides and Mudslides
… up to one year from the date of the note to begin making payments. In addition, interest does not begin to accrue … Guzman announced a policy change granting 12 months of no payments and 0% interest. This pertains to all disaster loans … -
The Right Way to Think About Credit Lines for Business
… is available for the business to use but you only make payments on the money you’ve actually used. The fact is a … loan. Rule 3: Practice Self-Discipline Stay on top of your payments when it comes to paying back the funds you used on … -
SBA Tops $50 Million in Disaster Assistance Loans for Severe Winter Storms, Flooding, Landslides and Mudslides
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SBA Approves Over $1 Million in Disaster Loans in Alabama; Business Recovery Center Closed for MLK Holiday
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5 Reasons to Hire Your Child
… partnership, or limited liability company): Payments for the services of your child under age 18 are exempt from FICA taxes Payments for the services of your child under age 21 are … -
U.S. Small Business Administration Exceeds $100 Million in Hurricane Fiona Assistance
… By offering affordable loans with no interest and no payments for the first year and low fixed-interest rates for … pre-payment penalty, and borrowers can begin making loan payments during the deferment period. For small businesses, …