With just one week to go in the Paycheck Protection Program’s exclusive 14-day lending window for companies with fewer than 20 employees, the U.S. Small Business Administration has released ...
With just over $50 billion still available in the Paycheck Protection Program, Senate lawmakers on Tuesday introduced a new bill that would make good on a Biden administration promise to get more ...
Last year, self-employed individuals who conducted their business without any employees could qualify for a Paycheck Protection Program (PPP) loan in an amount equal to approximately 20.8% (2.5 months ...
There has been a tremendous amount of frustration by small business owners operating as sole proprietors and trying to obtain a Paycheck Protection Program (PPP) loan. To make matters worse, many ...
The new Economic Aid Act passed by Congress authorizes new PPP loans for first-time borrowers, but also additional PPP loans for those that already received a loan last year. This addresses the ...
Since the Paycheck Protection Program (PPP) deadline has been extended to May 31, there is still an abundance of funds available for small businesses. Many gig workers and self-employed individuals ...
RICHMOND, Va.--(BUSINESS WIRE)-- Blue Ridge Bank, N.A. (“Blue Ridge Bank”), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), announced today their continued ...
As we continue to get more guidance from SBA; more emails and calls from readers; and discussions with certain officials in Washington DC; it has become apparent that PPP loans for farmers is a moving ...
The SBA has finally issued a formal updated Q&A regarding gross income for sole proprietors and partnerships. In a March 12, 2021 release, they specify that only Schedule F’s filed on Form 1040 will ...
The Small Business Administration (SBA) recently released a revision to rules implemented under the Economic Aid Act applicable to sole proprietors and independent contractors who file Form 1040 ...
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