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.
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
President Trump signed the Paycheck Protection Flexibility Act (PPFA) and made certain changes to the Paycheck Protection Program that was enacted as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act in March. Section 4 of the PPFA has amended Section 2302(a) of the CARES Act to delete
When the Economic Injury Disaster Loans (EIDLs) first became available on March 30th, small businesses applied for them in droves. In general, these loans only provide assistance when natural disasters occur i.e. tornados, floods, or wildfires. However, after President Trump declared COVID-19 a national emergency on March 13th, the door
One of the most important steps to the successful launch of a new business is to find a source of initial funding. Sometimes a single loan is not enough to actually get your business up and running. This is where loan packaging can come into play. Loan packaging can involve
matt@sharppayrollservice.com
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928 Arnold Ave,
Point Pleasant, NJ 08742
