SBA now accepting new applications for EIDL
After several weeks of only accepting applications from the agriculture industry, the Small Business Administration (SBA) is now accepting applications from qualified small businesses.
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SBA gives latest information on the PPP and EIDL
Editor’s note: The answers to these questions reflect the latest information based on the guidance from the U.S. Treasury as 4/29/20.
President Donald Trump and…
PPP better than unemployment for paying workers
There’s been some understandable hand-wringing over whether to apply for the Paycheck Protection Program or let furloughed workers take advantage of unemployment benefits, which are…
Operator shares how he avoided stimulus scams
Curt Gausman received an email that looked suspicious after first applying for the Economic Injury Disaster Loan (EIDL). The first red flag was the timing.…
Operator shares positive experience getting $500K EIDL loan
Applying for a $500,000 loan has never been so easy.
That’s how Michael Rogers sums up his experience applying and getting an Economic Injury Disaster…
What you need to know about PPP and EIDL
There is $349 billion in loans and grants in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which President Donald Trump signed into law…
Treasury Secretary makes last minute changes to PPP to assuage lenders
Leading up to today’s first opportunity that businesses may apply for relief through the Paycheck Protection Program, U.S. Treasury Secretary Steven Mnuchin has made last…
Gladys Gillis shares strategies for surviving coronavirus economic crisis
The coronavirus pandemic arrived in Gladys Gillis’s backyard before it emerged in other regions.
Gillis, CEO of Seattle-based Starline Luxury Coaches, was among the first…
SBA loan application is lengthy but worth getting started right away
The announcement that SBA Disaster Loan funds are available offers hope for assistance, but for operators who’ve never before applied, the process can appear intimidating.…