EIDL: Now Accepting New Applications for Economic Injury Disaster Loans and Advance (Updated information until June 30, 2020)

  In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are able to apply for an Economic Injury Disaster Loan advance of up to $10,000. This advance is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan advance [...]

2020-06-16T17:51:15-07:00June 16th, 2020|Categories: News|

Important changes to PPP guidelines (Updated information until June 30, 2020)

  Earlier this month Congress passed the Paycheck Protection Program Flexibility Act, which will make it easier for small business owners who have received a Paycheck Protection Program (PPP) loan to qualify for loan forgiveness. Some key changes include: Extension of forgiveness period from 8 to 24 weeks A decrease in the minimum amount that must be spent on [...]

2020-06-16T17:53:08-07:00June 16th, 2020|Categories: News|

Lowe’s supports veteran, women, minority and small businesses through $5 million in grants (1st Round Closes June 17, 2nd Round Closes Aug. 3rd)

  Lowe’s remains committed to supporting small businesses, and we want to make you aware of a grant opportunity. Lowe’s is partnering with Local Initiatives Support Corporation (LISC), the nation’s largest community development organization, to distribute $5 million in small business relief, to help minority-, women- and veteran-led, small businesses sustain operations and protect jobs [...]

2020-06-16T18:09:47-07:00June 10th, 2020|Categories: News|