Payroll Protection Program Loan

Solving Problems with your Payroll Protection Program Loan Application. Source free money to help your business survive. Many small businesses have their Payroll Protection Program Loan (PPP Loans) applications already approved by their bank and the Small Business Association (SBA). However, there are just as many small businesses that are confused, frustrated, and stuck! Here are some ideas to help with the Payroll Protection Program Loan (PPP Loans): Background As part of the coronavirus stimulus package,

A Lifeline for Small Businesses – The PPP Loan

  A Lifeline for Small Businesses – The PPP Loan. URGENT information for all small businesses. Starting Friday, April 3, small businesses in the U.S. can apply for loans through the Small Business Administration (SBA) to help stay afloat during the COVID-19 pandemic. The Paycheck Protection Program (PPP) provides loans of up to $10 million to qualified small businesses. The PPP loans will be forgiven if a business meets certain criteria. Who Qualifies If your

2020 Tax Deadlines Move from April to July

Tax deadline announcements move tax filing and payments from April 15th to July 15th, per U.S. Treasury Secretary Steven Mnuchin. These announcements were made on Tuesday, March 17, 2020, and Friday, March 20, 2020, with payment and penalty delays confirmed by an IRS notice. Here is what you need to know While the filing deadline for individual income tax returns, Form 1040, is April 15, 2020, per IRS notice 2020-17, published this Wednesday, the Treasury

Where to get money for a growing business

Where to get money for a growing business. The following sequence of events is common to many new and expanding businesses. The Short-Term Squeeze You start your business with a limited amount of capital and an abundance of good ideas and ambition. The sales activity has been adequate to produce a net profit. Your inventory is about twice as large as you intended. Your accounts payable are past due to the point where some creditors