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…

While the COVID-19 pandemic is having a devastating impact on the nation’s economy, there are opportunities to use this time to take stock of your current financial situation and establish habits that will put you…

The SBA continues to publish FAQs and clarify guidance on the Paycheck Protection Program (PPP). Below are several timely updates: New PPP Guidance as of 5/13/20 If your business is a partnership and you applied…

Paycheck Protection Program FAQ: Are the qualified expenses still deductible? Each week we receive new guidance and updates on the SBA’s Paycheck Protection Program (PPP). If you are a loan recipient of PPP funds, this…

You’re not alone in trying to navigate the financial uncertainty during the coronavirus pandemic. 10 million+ American workers who lost their paycheck because of COVID-19 need to find creative ways to pay bills. Here are…

To keep your business solvent through the COVID-19 pandemic, stay focused on the 3 rules of cash: 1) Now versus later.  Cash now is better than cash later. Decreasing cash flow for many of your…

Additional Federal Funding for Small Businesses On April 21, the U.S. Senate reached a deal for a new COVID-19 pandemic relief bill. While not yet law, it is expected to be approved by the House and…

You received your Paycheck Protection Program loan. Now what? Business owners who were able to secure SBA funding from the Paycheck Protection Program (PPP) are beginning to receive their loan proceeds. A major benefit of…