Helping Businesses Grow & Succeed
Update: President Trump signed the PPP extension into law on July 4. If you haven’t applied for a PPP loan yet, you have more time to do so. With $130 billion still available, Congress passed a bill extending the deadline to apply for forgivable small business loans. These loans aim […]
Small businesses can get reimbursed for up to $10K of their COVID expenses. But hurry, applications are due Tuesday, June 30. CareerSource South Florida‘s COVID-19 Layoff Aversion Fund is designed to support eligible small businesses and/or community-based organizations in Miami-Dade and Monroe Counties facing financial impacts or potential layoffs from […]
South Florida dentist Nolyris Alvarez is cautiously optimistic. Her dental practice, Oral Facial Comprehensive Care, has begun a slow recovery from the COVID-19 crisis. Payment arrangements are set with creditors. Patients are going to the dentist again. Many of her employees returned. But costs continue to increase, and monthly billings […]
The U.S. Small Business Administration announced it has resumed taking new applications for pandemic-related disaster loans from all eligible small businesses and nonprofits. The SBA shut down its online application portal for the Economic Injury Disaster Loan (EIDL) program on April 16 after exhausting the $17 billion authorized by Congress. […]
By Gerri Detweiler, Guest Contributor Update 6/5/2020: President Trump signed the Paycheck Protection Program Flexibility Act into law. The legislation gives small business owners more flexibility in how they can use PPP funds and may make it easier to qualify for forgiveness. The President has signed the Paycheck Protection Program […]
Miami-Dade County is launching a $25 small business micro-loan program. It is initially targeted to help small businesses hurt by the economic disruption caused by the pandemic, The Rise Miami-Dade program is designed to help small businesses that haven’t been to get other economic aid. The county will use community groups […]
Small business owners that received forgivable PPP loans can breathe a sigh of relief. Congress has cleared a bill making needed changes to the federal Paycheck Protection Program, which was designed to keep small businesses afloat during the height of the coronavirus pandemic. The bill is expected to be signed […]
Miami-Dade County is joining cities in South Florida offering forgivable loans to small businesses hurt by the economic fallout of the COVID-19 pandemic. Called the Small Business Forgivable Loan Program, the county is offering $5 million worth of forgivable loans for small businesses employing low-wage workers. County commissioners approved the […]
Small business owners who received a PPP loan of less than $2 million won’t likely face a federal audit. That’s according to new guidance released this week by the Small Business Administration and the US Treasury. The Paycheck Protection Program, a forgivable loan program, allows small businesses hurt by the […]
Enterprise Florida, the state’s economic development agency, announced this week a new trade grant program to help the state’s small and medium-sized companies continue doing business overseas even as international travel is greatly restricted by the COVID-19 pandemic. The Virtual Business Matchmaking program will allow the state’s business community to reach new […]