Finance

Disaster Preparedness, Economy, Finance

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 […]

Disaster Preparedness, Economy, Finance, Resources

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 […]

Disaster Preparedness, Economy, Finance, Resources

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% […]

Disaster Preparedness, Finance, Resources

Miami Beach offers $20K small business grants, while deadlines loom for other COVID-19 grant and loan programs

While South Florida and the nation’s small businesses await news on a Congressional stimulus package that is expected to include PPP relief funds, cities and the county are either rushing to try to disperse CARES Act funding to small businesses before the end of the year, and at least one […]

Disaster Preparedness, Economy, Finance

Who were the biggest PPP lenders for South Florida companies? Here’s what the data tells us

As Congress continues to debate the Bipartisan Emergency COVID Relief Act of 2020 – what stays in and what doesn’t – the Paycheck Protection Program is widely expected to be part of it. The PPP, an SBA forgivable loan program through partnering lenders, will likely look a little different when […]