Small Business

SBA Offers More Funding for Qualifying Small Businesses

If your business has 10 or fewer people, is in an economically disadvantaged community and had a loss of revenue of 50% or more in an 8-week period since the pandemic began, you may qualify for an additional $5000 grant from the SBA. This can be in addition to having...

EIDL Grants and Loans are Open

Economic Injury Disaster Loans and Grants ran out of money appropriated by the CARES Act.  The latest recovery bill signed in late December will bring them back. You can now apply on the SBA website HERE. When the program began, the SBA announced the grants would be...

Congress Reopens and Modifies the PPP for Small Business

Congress made changes to the PPP loans in the end of year Pandemic Relief Package.  If you received a PPP loan four major changes impact you: The regular business expenses paid with the PPP proceeds will be tax-deductible. While only 40% of PPP proceeds can be used...