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… employed. Facing a decrease in revenue, they applied for a loan under the SBA Paycheck Protection Program (PPP), a new forgivable SBA-guaranteed loan program established by the CARES Act to help businesses … “The PPP allowed us to say to our teachers that we can pay you what you were expecting. We have an amazing team of …
… apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … not paid by insurance or other sources. The SBA disaster loan program is designed to help survivors with their …
… programs, such as the COVID Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection (PPP) … of America’s economy.” For more information about SBA’s loan programs, financial assistance, and other services, …
… utilized the Small Business Administration’s (SBA) 504 loan program through Bangor Savings Bank and Granite State … thrilled to find out that the SBA would be paying their loan for 6 months under the agency’s debt relief program. …
… 1 to assist business owners in completing their disaster loan applications, accept documents for existing applications, and provide status on loan applications. For follow-up interview requests for …
… applied for an SBA COVID-19 EIDL (Economic Injury Disaster Loan) to sustain the company. In 2023, Dawn was accepted into … counseling, business educational programs, assistance with loan applications, marketing ideas, pandemic recovery and …
… pandemic. The Paycheck Protection Program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program,” said SBA Buffalo District Director Franklin J. …
… experienced newfound growth. With the help of a 504 loan, Andrus expanded her bakery by purchasing a new … faced was a lack of space and capacity, but an SBA loan helped Andrus physically expand Honey and Rye, and SBA …
… May 2023, I applied for an SBA 7(a) Community Advantage loan through a Certified Development Company (CDC),” LeAnna … a business advisor to help improve my projections. This loan provided the startup capital I needed to bring … Biscuit in November 2023, and the Community Advantage loan helped execute her vision to create a “home away for …
… a franchisee, you must always have enough money on hand to pay for things like inventory, supplies, taxes, payroll and … unless you have a working spouse who makes enough money to pay all of your continuing household expenses, you’ll need to set aside at least 6 months of capital to pay those living expenses. Don’t forget! Family Issues When …
… worth and net income that applies to SBA’s 7(a) and 504 loan programs. The new alternative standard was established … eligibility under the agency’s Economic Injury Disaster Loan (EIDL) Program in connection with Hurricanes Katrina, …
… If you’re having trouble getting a traditional business loan, there’s no need to worry. The SBA’s Lender Match tool … (EIN) . Doing so will allow you to open a bank account and pay taxes. Applying for licenses and permits and opening a …