This opportunity is brought to the community by the Wayne County Board of Commissioners using funding from the federal CARES Act. This project was financed by a grant from the federal Department of the Treasury, under the administration of the Commonwealth of Pennsylvania, Department of Community an...
While the PPP is the centerpiece of the stimulus bill’s relief for small businesses, there are other programs rolling out as well.There are Economic Injury Disaster Loans (EIDL), which also offer small business grants of up to $10,000 that do not need to be repaid. Find out more and ...
who have already exhausted their entitlement, or who would not otherwise be eligible so long as they meet certain COVID-19-related criteria. The criteria include quarantine, business closure or childcare responsibilities due to school closure. The act specifically excludes ...
On March 27, 2020 the President signed into law the CARES Act to address the unprecedented public health and economic crisis related to COVID-19. The CARES Act provides $349 billion for Small Business Administration (“SBA”) loan guarantees and subsidies. Applicants should apply as soon as po...
The CARES Act expanded a number of additional programs to offer financial support for businesses during the pandemic, including SBA Express Loans, Economic Injury Disaster Loans, emergency grants and subsidies. NEW AND MODIFIED TAX PROGRAMS UNDER CARES ACT The CARES Act's package of tax provision...
For loans under §7(a) of the Small Business Act, Title V of the Small Business Investment Act, and for loans made by an intermediary using §7(m) loans or grants, the Administrator shall pay the principal, interest, and fees owed for loans in regular servicing status for any such loan...
Lending through the U.S. Small Business Administrationand grants for small businesses that will enable this sector to endure through the crisis. Establishing a bridge loan facilitythat will enable businesses to continue to pay employees and provide essential operations for a time on far l...
Title I of the Act, the “Keeping American Workers Paid and Employed Act,” offers two forms of potential relief for small businesses: A new loan program under the Small Business Administration’s existing Section 7(a) loan programs called the “Paycheck Protection Program,” which expands the...
The CARES Act also provides $349 billion to the Small Business Administration. This enables them to grantees loans to small business, including medical practices and…your dental practice. The Paycheck Provision Program (PPP) delivers 100% federally guaranteed loans to small businesses. Provisions ar...
These grants provide an emergency advance of up to $10,000 to small businesses and private non-profits impacted by COVID-19. According to the report, “The advance does not need to be repaid under any circumstance, and may be used to keep employees on payroll…” among other things. The...