Don’t Miss Out on Your Disappearing EIDL Money

For Ocean and Monmouth County business owners that might still be in precarious financial situations, this could be an economic lifeline for your cash flow problems. We’re going to discuss how to apply for an EIDL loan get the working capital that your business needs to function and flourish. The EIDL has been discussed on our […]

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 […]

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, […]

2nd Round PPP Loans Cheat Sheet

After months of stalling, weeks of fierce negotiations, and too many false starts to count, President Trump has signed a new bill to help businesses and individuals across the country find relief from the economic devastation created by the COVID-19 pandemic. The Consolidated Appropriations Act includes funding earmarked for small business loans, including a new […]

Quick PPP Loan Forgiveness and Peace of Mind

It should be noted that U.S. lenders have issued more than 5 million forgivable loans through the federal government’s coronavirus aid initiative for small businesses, the Paycheck Protection Program (PPP). The Small Business Administration (SBA) in August, started to accept applications to have the loans forgiven, and it has begun approving them as well. The […]

Everything You Wanted to Know About the 4th Stimulus Package

Congress is all set to start negotiations on the next round of stimulus packages that will have a massive impact on American businesses. It will be a welcome relief for business owners as new measures will bring tax relief, renewed access to forgivable loans, and more. The previous stimulus measures are all set to expire […]

SBA Express Bridge Loans Part 2

On March 25, 2020, the SBA expanded its Express Bridge Loan disaster relief funds program nationwide to provide small businesses with coronavirus relief. The Small Business Administration’s Express Bridge Loan Program is a quick way for small businesses affected by COVID-19 to get up to $25,000 to cover operational expenses. Eligible businesses must be based […]

SBA EIDL Advance Part 2

For all small business owners who have applied for an EIDL advance grant, you will be eligible for up to $10,000.  The SBA emergency grant is one of the temporary programs that is designed to offer financial relief as part of the CARES Act. As of June 15, 2020, the SBA is accepting new applications […]