Our nation’s small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. On Friday, March 27, 2020, the President signed into law the CARES Act, which contains $376 billion in relief for American workers and small businesses. Most recently the federal government expedited legislation in order to address the needs of… Continue reading Coronavirus | SBA Loans & Small Business
Tag: SBA Coronavirus PPP
Paycheck Protect Loan Program for small businesses
An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. What is the PPP? The Payroll Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks… Continue reading Paycheck Protect Loan Program for small businesses