Dedicated to training and assisting women in business or those who want to start a business.

New Policy Updates to the PPP Program

SBA and Treasury have released new policy updates to the PPP program. In particular, this rule updates and clarifies the forgiveness procedures from the PPP Flexibility Act and the new forgiveness forms. Please READ this rule and the new forgiveness applications. Highlights from the Rule: Businesses may apply for forgiveness at any time during the Covered Period once they meet…

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SBA and Treasury Announce New PPP EZ Forgiveness Application

ATLANTIC REGION  New York, New Jersey, Puerto Rico & U.S. Virgin Islands Release Date: June 17, 2020                               SBA and Treasury Announce New PPP EZ Forgiveness Application Revised Full Forgiveness Applications Also Available WASHINGTON—Today, the U.S. Small Business Administration, in consultation with the U.S. Department of…

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SBA and Treasury Announce New and Revised Guidance Regarding the Paycheck Protection Program

The U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, issued new and revised guidance for the Paycheck Protection Program (PPP). This guidance implements the Paycheck Protection Program Flexibility Act (PPPFA), signed into law by President Trump on June 5, 2020, and expands eligibility for businesses with owners who have past felony convictions. To implement the…

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SBA Resource Guide Now Digital

YIn light of COVID-19 we’ve been tasked by the SBA to help them get the digital versions online since their so inundated with everything that’s going on. The SBA has recently approved that digital versions now have hyperlink capabilities, zapier integration, analytics searchable on Google and email capture. I am absolutely thrilled to be able to share this with you. In…

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SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

ATLANTIC REGION  New York, New Jersey, Puerto Rico & U.S. Virgin Islands  Release Date: May 15, 2020                                Contact:  Press_Office@sba.gov, (202) 205-7036  Follow us on Twitter, Facebook, Blogs & Instagram SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application WASHINGTON—The U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions…

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Paycheck Protection Program Funds Still Available Round Two still has over $100 Billion for Borrowers in Need

ATLANTIC REGION  New York, New Jersey, Puerto Rico & U.S. Virgin Islands  NEW YORK, NY – Billions of dollars in potentially forgivable Payroll Protection Program (PPP) capital remains available to small businesses and nonprofits to help provide eight weeks of payroll and certain overhead to keep workers employed. PPP, created out by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is responsible for infusing…

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AGRICULTURAL BUSINESSES & CERTAIN NON-AG BUSINESSES

Agricultural businesses may apply for the Economic Injury Disaster Loan and EIDL Advance program on a limited basis beginning today, May 4, 2020 at 12:00 noon. For agricultural businesses that submitted an EIDL application through the streamlined application portal prior to the legislative change, SBA will process these applications without the need for re-applying. Due to limitations in funding availability…

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Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program

Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today on the resumption of the Payroll Protection Program (PPP): “We are pleased that President Trump has signed into law the Paycheck Protection Program and Health Care Enhancement Act, which provides critical additional funding for American workers and small businesses…

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Treasury, IRS unveil online application to help with Economic Impact Payments;

04 | 15 | 20 Get My Payment allows people to provide direct deposit information and gives payment date IR-2020-72 WASHINGTON – Working with the Treasury Department, the Internal Revenue Service today unveiled the new Get My Payment with features to let taxpayers check on their Economic Impact Payment date and update direct deposit information. With an initial round of…

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Paycheck Protection Program (PPP) Loan

Helping Small Businesses Survive During these turblent times, we are committed to our small business Members and are pleased to be participating in the Paycheck Protection Program (PPP) Loan as a way to help them. This program is part of an initiative the government recently passed called the Coronavirus Aid, Relief and Economic Security (CARES) Act, which assists small businesses with efforts like the Paycheck Protection…

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