Restaurants and bars are another step closer to getting financial help after experiencing devastating losses during the COVID-19 pandemic. The long-awaited opening of the Restaurant Revitalization Fund is now close finat hand. The U,S, Small Business Association has released some key details about the pandemic relief program for the restaurant […]
Disaster Preparedness
8 things to do after your PPP loan
By Gerri Detweiler – Guest Contributor You’ve gotten your PPP loan, spent it properly, and hopefully qualify for full forgiveness. Congratulations! What’s next? Here are six steps you can take now, after your PPP loan, to help ensure your business continues on the road to recovery. Get a Grip On […]
COVID relief: Shuttered Venue Operators Grant program opens. What you need to know
UPDATE: The SBA ran into technical difficulties and has paused the Shuttered Venue Operators Grant Program while it works with the vendor to reopen the program. The Small Business Administration i launched its $16.25 billion Shuttered Venue Operators Grant program today, but the application process will go in steps. The […]
More restaurant relief on way via the Restaurant Revitalization Fund
It’s no secret that restaurants were one of the hardest-hit industries during the COVID-19 pandemic. The newly passed American Rescue Plan Act aims to help restaurants, bars and related businesses with a new grant program called the Restaurant Revitalization Fund. The RRF will offer $28.6 billion in grants to hard-hit restaurants and […]
PPP program extended but funding may run out, plus the latest with the EIDL and Shuttered Venue grants
Thousands of small businesses struggling to stay afloat because of the pandemic are getting extra time to apply for forgivable, low-interest loans. The Senate voted overwhelmingly to extend the deadline of the Small Business Administration’s Paycheck Protection Program to May 31, and. President Joe Biden is expected to sign it […]
8 Ways the American Rescue Plan Will Help Small Businesses
By Gerri Detweiler – Guest Contributor The American Rescue Plan Act has passed the House and Senate, and President Biden is expected to sign it this week. It includes a number of provisions that will help small business owners— including those who are self-employed or are independent contractors— in the form […]
COVID relief: SBA issues new PPP guidance aimed at smallest businesses
U.S. Small Business Administration on Wednesday released new guidance on the changes to the Paycheck Protection Program. The changes to the popular program focus on reaching the hardest-hit businesses. Here’s what you need to know about the changes in the final month of the PPP application period unless the program gets […]
COVID relief: Reimbursement grants available from Chamber, Career Source South Florida
GowBiz will continue to bring you announcements about COVID-19 relief. Here’s an offering from the Greater Miami Chamber of Commerce and CareerSource South Florida. Did you incur Covid-19 losses when you pivoted your small business in order to survive and keep your workers employed? The Greater Miami Chamber of Commerce […]
What you need to know about the CARES Act SBA loan programs
Have questions about the alphabet soup of pandemic-related government relief programs in the CARES Act? There’s the EIDL, the EIDL grants, the PPP, the second- round PPP, and PPP forgiveness, and new SBA guidance about these programs is coming out all the time. Want to know about the Employee Retention […]
COVID-19 relief: Forgivable PPP loans again available for small businesses
Is your small business still struggling because of the COVID-19 pandemic? Chances are you are still feeling the pain. A new study launched by America’s SBDC and Thryv in November 2020, details how small businesses are still being negatively impacted by the pandemic. Among the key survey findings, the data revealed that 87% […]