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While small businesses across the nation continue to wait for more financial aid from the federal government, a new grant established by the December stimulus bill passed by Congress can help ease the burden of venue owners during the pandemic.
The U.S. Small Business Administration (SBA) has launched a Payment Protection Program (PPP) Direct Forgiveness Portal, which will help streamline the forgiveness process for loans of $150,000 or under, and allow small business owners to apply directly through the SBA.
Congress approved a new federal relief package to help struggling small businesses weather the coronavirus pandemic, putting an end to months of ongoing negotiations and congressional inaction. Below is a summary of the key pieces of the legislation that can support the recovery of small businesses.
With the coronavirus pandemic changing every aspect of our lives, it’s only natural that the ways in which people purchase products and services also need some adjusting. And with the upcoming holiday season fast-approaching, small business owners must go where the consumer is: online.
This blog originally appeared on the blog of our partner CDC Small Business Finance
As a small business owner, we know you need relief and you want it fast. We urge you to be diligent when getting an emergency loan. It’s critical to know how to not fall victim to scams and fraud.
This post originally appeared on the blog of CDC Small Business Finance
CDC Small Business Finance understands the profound impact of the Coronavirus on small businesses everywhere. The challenge may seem overwhelming, but we have concrete steps for small business owners to take as they face it.