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… facility in October 2021 after obtaining SBA 7(a) and 504 loan financing. Dan Smoots complimented the assistance … staff, invest in the training to change our operation, and pay for sick leave if an employee was impacted,” said Smoots. … for the faint hearted. “Business is hard, and you have to pay attention to the details. It takes persistence to get …
… Premier Physical Therapy was approved for a $98,000 PPP loan which allowed the business to continue providing … They also applied for an SBA Economic Injury Disaster Loan (EIDL) and received approval for $22,600. Although the …
… company going. He received an SBA Economic Injury Disaster Loan (EIDL), EIDL Advance grant and Paycheck Protection Program (PPP) loan. He stated, “Those loans helped save the business and …
… an SBA designated microlender, Casey was able to obtain a loan to not only save his business but also the technical … as well. In 2014, with the help of an SBA-guaranteed loan, the company was able to acquire a vacant building to … its every growing business. In 2017, another SBA-backed loan helped the company to further expand into its current …
… Working with Choice Bank in 2018, he used an SBA-backed loan to finance the partner equity buy-out. Then in 2020, … require their expertise, so they decided to take out a PPP loan. Since Schwartzbauer took over the business, EXB … services, and strategic growth efforts. Taking out the PPP loan allowed the company to keep a large bench engineers on …
… able to keep a roof over their heads, feed their kids, and pay for their own emergency needs thanks to the paychecks … get back up and running with a $2 million disaster loan. Six weeks after the flood, Ember Industries was back to …
… in acquiring a 20,000 SF building using the SBA 504 loan program. A-Tech Consulting, Inc. was listed on the 2018 … Paycheck Protection Program and Economic Injury Disaster Loan relief funding helped the company to stay afloat. Soon … were operational again, largely thanks to their SBA 504 loan building purchase with employees spread out and rotating …
… want a solution for, and more importantly are willing to pay for. Don’t get trapped into the mindset that if you don’t … cards , lines of credit , vendor credit , a business loan, etc. You may find that a combination of these sources …
… as SBA programs and services. She received her first SBA loan to open her boutique, enrichment-based dog daycare. In … offered by their local SBA office. Getting a business loan is much easier than going through a traditional bank if …
… Paycheck Protection Program and Economic Injury Disaster Loan assistance, and she capitalized on two rounds of payment forgiveness granted by her 7(a) loan . This allowed her to convert her facilities into …
… boss. You're the one in charge of making enough money to pay your employees, pay your operating expenses, and pay yourself! 2. Liability You, as a business owner, are …
… crisis, Wil was eligible for an SBA disaster assistance loan which has an attractive interest rate. But he did not … where dollars are being spent and pending agency budgets. Pay attention to how your competitors do it. Become an asset … and plan ahead before you start. Learn the lingo and pay attention to the formatting of your …
… aid programs such as a COVID Economic Injury Disaster Loan (EIDL), Restaurant Revitalization Fund (RRF) award, and … Kansas businesses. The El Centro corporation secured a PPP loan during the pandemic. Administrator Guzman and Sen. … from PPP. The business also received an SBA 7(a) loan to remodel the restaurant. Administrator Guzman and Sen. …
… review what’s going on and make changes. Maybe you need to pay off debts and reduce liabilities reported in the balance … statement. For example, when applying for an SBA 7(a) loan over $350,000, a balance sheet is required. Investors …
… Portee utilized an SBA Paycheck Protection Program loan to cover payroll keeping employees across his three … nation. As a team we will continue to remain focused and pay it forward in terms of Kingdom Building always. We truly …
… fringe benefits means that employees do not have to pay income tax on what they receive. However, it does not … in Table 2-1 in IRS Publication 15B . 3. Myth: You can pay employment taxes with your quarterly employer tax return …
… and purchase of the building and additional property. The loan processing, that included an environmental study, was finalized in late 2018. Drake closed the loan on February 15, 2019. “The loan could have been closed earlier, but the government …
… out oil prices. The PPP allowed DeLynne to continue to pay her employees and keep staff onboard while the EIDL provided much needed cushion to continue to pay business obligations. There were still some difficult …