The Small Business Administration and Department of Treasury have posted a new, revised version of the Paycheck Protection Program(PPP) forgiveness application that reflects the changes of the PPP Flexibility Act.  In addition, a new, borrower-friendly…

The SBA’s Economic Injury Disaster Loan has been closed since May 4, 2020, to allow agriculture businesses to apply for relief. On June 15, 2020, the portal has been reopened for eligible applicants to apply…

Former governor of New Jersey, Chris Christie, and his wife, Mary Pat, have initiated the New Jersey 30 Day Fund Program to help small business owners survive the COVID-19 pandemic. The fund’s goal is to…

PPP Changes Coming for Borrowers: What You Need to Know   [Update: President Trump signed the Paycheck Protection Flexibility Act into law as of June 5, 2020.] Last night, the U.S. Senate approved the Paycheck…

The initial loan forgiveness application is now available. It’s now time to build your case to ask for loan forgiveness if your business received a loan from the Small Business Administration (SBA) Payroll Protection Program…

Don’t Mistake Your IRS Economic Impact Payment for Junk Mail. For the past six weeks, the IRS has been distributing Economic Impact Payments (aka stimulus checks) as part of the CARES Act. While many taxpayers…

[Updated June 5, 2020.] The NJEDA Has Announced Phase 2 of The Small Business Emergency Assistance Grant Program The New Jersey Economic Development Authority (NJEDA) has announced a second wave of small business funding. The second round…

Late on Friday, May 15, the SBA and U.S. Treasury jointly released the loan forgiveness application for Paycheck Protection Program (PPP) borrowers. The 11-page document provides guidance on payroll periods, interpretation of eligible expenses, and…