Tag: SBA

Now Is Not The Time To Play Politics With PPP

This week Senate Democrats and Republicans could not come to an agreement on providing additional COVID-19 relief for families, schools, and small businesses. Clearly...

IRS Denied PPP Write-Offs, Congress May Restore Tax Deductions

Can businesses claim tax deductions for business expenses? It sounds like a silly question, but when it comes to the Paycheck Protection Program (PPP),...

Study Finds Small Business Revenues Dropped 52% And Payrolls Declined 54% Due To COVID Pandemic

Year-over-year revenues of small business owners plummeted 52% while their payroll expenses dropped 54% in the second quarter of 2020, according the new Small Business...

Happy Birthday U.S. Small Business Administration: A Reflection On 67 Years Of Service

getty This week marks the 67th anniversary of the Small Business Administration (SBA). President Dwight D. Eisenhower signed...

Why The PPP Loan Extension Is Good News For This Group Of Business Owners

Getty As we head into the July Fourth weekend, the Paycheck Protection Program Extension Act is on its...

PPP Lending Extended Through August To Help Save Small Businesses – Now What’s Next?

Both the U.S. House of Representatives and the Senate have approved a bill to extend commitments for the Paycheck Protection Program (PPP) and separate...

Last Chance For Small Businesses To Apply For PPP Funding Is June 30

June 30 is the deadline for small businesses to apply for PPP funding, a key element of the CARES Act stimulus plan passed by...

The Food Startup Whisperer: D.C. Accelerator Helps Diverse Group Of Entrepreneurs Launch And Grow

Cullen Gilchrist at Union Kitchen Union Kitchen Food entrepreneurs face a great many roadblocks, from finding...

The Fight For Full PPP Loan Transparency Is Just Beginning

WASHINGTON, DC - JUNE 10: Jovita Carranza, administrator of the U.S. Small Business Administration ... (SBA), testifies at...

SBA Releases New EZ PPP Loan Forgiveness Application

Yesterday, the U.S. Small Business Administration (SBA) made it easier to apply for forgiveness of your Paycheck Protection Program (PPP) loan.   ...

Examining The Funding Challenges For Black-Owned Businesses On Juneteenth

Juneteenth, also known as African American Freedom Day, is celebrated to commemorate the emancipation of slavery on June 19, 1865, when Union general Gordon...

SBA Finally Clarifies PPP Loan Forgiveness Rules: Full Forgiveness For Self-Employed Borrowers

Jovita Carranza, Administrator US Small Business Administration, testifies during the Senate Small ... Business and Entrepreneurship Hearings to...

Tax Deductions For Paycheck Protection Expenses Remain In Doubt

The Paycheck Protection Program is a key part of Congress’ virus relief, and it’s gotten way better. In late May, Congress passed a bill...

Small Business Access To Credit Improves, But Fed Cautions Full Recovery May Not Be Until 2022

The approval percentage for non-CARES Act Payroll Protection Program (PPP) small business loan applications at big banks ($10 billion+ in assets) rebounded to 11.5%...

PPP Saved The Day For Many Businesses, Now It Has Been Extended

Cory Obenour, chef and owner of Blue Plate, covers his face with a mask while preparing a sauce for...

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