Category: Small Business Funding

Small Business Administration Loans   The Small Business Administration (SBA) is a U.S. government agency that provides support to small businesses. The SBA offers several loan programs to help small businesses start, grow, and recover, including:  Paycheck Protection Program (PPP): This loan program was created in response to the COVID-19 pandemic to help small businesses […]

PPP Loan Forgiveness Guidelines Overview: PPP Loan A PPP (Paycheck Protection Program) loan is a type of loan offered by the U.S. Small Business Administration (SBA) to help small businesses affected by the COVID-19 pandemic. The loan is intended to help businesses keep their employees on payroll and cover certain operating expenses during the pandemic. […]

About the SBA’s EIDL Program  The Economic Injury Disaster Loan (EIDL) is a loan program offered by the Small Business Administration (SBA). It provides financial assistance to small businesses and non-profit organizations impacted by a disaster. The government established the EIDL program to help businesses recover from natural disasters. For example, hurricanes, earthquakes, and wildfires, […]

How and when to apply for PPP loan forgiveness The Paycheck Protection Program (PPP) loan forgiveness application process can be completed after the borrower has spent all the PPP loan funds on eligible expenses and can demonstrate that the funds were used in compliance with PPP loan requirements.  Here is a general timeline for the […]