New State Program Helps With Delinquent Mortgages

New Jersey has announced the new Emergency Rescue Mortgage Assistance program (ERMA). This program can grant up to a $35,000 forgivable loan to NJ homeowners who have fallen behind on mortgage or property tax payments due to the COVID crisis. Topics chosen for our blog often deal with information that pertains to business owners and […]

How NJ Childcare Should Prepare for Grants

While the recent news from the Governor’s office that there would be grants available for childcare centers, particularly bonuses for workers, was exciting, there’s some work to do. Employees and employers will have to team up to file the proper paperwork to ensure that they get the money from the state that they’re entitled to. […]

Free Money! $700 Million in Grants for Daycare

For all those connected to the childcare industry, listen up; this one’s for you. On Thursday, October 13th, Acting Commissioner of the Department of Human Services, Sarah Adelman, announced the state would invest $700 million in new programs to help business owners, employees, and customers of the childcare industry. For many, this has been a […]

New Cash Grants for New Jersey Small Businesses

Perhaps the Governor read our recent article in which we questioned the efficacy of his Return and Earn program because this week, Gov. Murphy announced new funding for a program that could make a big difference for small business lessees. 10.2 million dollars was allocated to the Small Business Lease Emergency Assistance Grant Program (SBL-EAGP). […]

How to Get PPP Loans Forgiven Quickest

Just this week, the Small Business Association launched its online portal to simplify the PPP loan forgiveness process for many borrowers. The second round of the beloved payroll protection program came to an end when its funds were depleted on May 28, 2021. It’s now time to sort out who owes the feds and who […]

Prepare For Fourth Round NJEDA Grants

The New Jersey Economic Development Authority (NJEDA) has introduced the fourth round NJEDA grants. The authority wants to make sure businesses suffering the economic strain of COVID receive as much relief as possible. In response to Governor Murphy’s declaration of a public health emergency that began in March 2020 and continues through the present, the […]

Information on Second Draw PPP Loans

The Small Business Administration (SBA) is The Paycheck Protection Program (PPP)  has also begun a second round of loans/grants for qualified applicants. This is  a program that could make or break economic survival for many business owners across the nation. The purpose of this article is to give you the necessary information to determine if […]

EIDL Updates are more Generous and Forgiving

There is new information for business owners regarding the Economic Injury Disaster Loan program. This program has increased the amount that borrowers can receive, as well as relaxed the restrictions on when they’ll be required to pay it back. To be clear, this is not “free money” as some of the other stimulus programs have […]

A Good Understanding of the Restaurants Act

Within the new stimulus bill was provision known as the RESTAURANTS ACT. This has created the 28.6 billion dollar Restaurant Relief Fund (RRF) with the intention of helping restaurants weather the economic storm and make it through to the other side. If you’re a restaurateur who has been watching the various stimulus programs help everyone […]

What Does the Save Our Stages Act Do?

Businesses in the arts have earned their stimulus with a solid case for why they are the United States single most affected industry. With enormous operational costs, no ability to ‘pivot’ to a different model, and a structure that requires long-term planning, the pandemic has brought everything besides their bills to a complete halt. Fortunately, […]