by SKDOThe Paycheck Protection Program has created a lot of uncertainty, frustration, and anticipation within the small business community. Despite the lack of guidance, many of our clients have been helped by the much-needed relief. If you have already been approved, you are now dealing with the next round of confusion—how to spend the proceeds. We […]
by SKDOIt has officially been over a full week since the SBA’s Paycheck Protection Program opened, and small businesses across the country are continuing to work their way through the application process. Although the roll-out of this program has been chaotic and frustrating, the opportunity to assist clients in receiving vital funds has been very rewarding. […]
by SKDOThe Paycheck Protection Program officially opened Friday morning after the SBA provided lending institutions with preliminary guidance late Thursday night. Although banks were not ready to start submitting applications at that point, some were still accepting them into their queues. Others were waiting to accept applications until they had their portals up and running. Even […]
by SKDOAs you may have seen in the news, the launch of the Paycheck Protection Program application process has been chaotic and full of uncertainty. The Treasury published the two-page application form Tuesday night but failed to provide lenders with detailed guidance needed to actually administer the loans. Thursday evening (4/2/20) after business hours, the SBA […]
by SKDOCheck out our brief video outlining one of the most popular COVID relief options, the Paycheck Protection Program.
by SKDOOn March 31, 2020 the U.S. Department of the Treasury released the application for the much anticipated Paycheck Protection Program loan. As noted in our COVID-19 Loan Summary below, we expected this loan to be extremely popular due to its ability to be forgiven; therefore, we are providing additional information on this particular opportunity. While […]