“OCBC has been in touch with me since early February to understand the difficulties posed by COVID-19 on my business. When the relief measures were announced in March, after some discussions, I decided to apply for the Temporary Bridging Loan, and received the approval in less than a ...
However, when you dive deeper, you’ll likely notice that even though the requirements are similar, there are enough small differences in the language you can’t just assume that, say, a requirement for service-disabled veteran-owned small business (SDVOSB) is going to be the same for a ...
DCEO will offer grants for businesses that have incurred eligible costs to offset loans received under the Illinois Small Business Emergency Loan program. This round of loan forgiveness and grants will go to businesses that have received loans or remain on the wait ...
Looking for the latest government contracting legal news? Sign up here for ourfree monthly newsletter, and follow us onLinkedIn,TwitterandFacebook. SBA, Can a Foreign-Owned Entity Receive a PPP Loan or What? Posted onApril 9, 2020bySmallGovConContributor ...
ThePaycheck Protection Programis a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. The Small Business Administration will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgag...
will be targeting individuals who have submitted false information on their PPP loan application, used PPP loan funds for unlawful purposes, or submitted fraudulent certifications for loan forgiveness. DOJ will be investigating fictitious companies, falsified payroll data, and PPP funds expensed for perso...
Gov Rebate Funds - Employee Retention Tax Credit (ERTC) Application for COVID-19 relief for your business today. Up to $26,000 per W2 Employee!
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“We applaud Governor Pritzker and the Illinois Legislative Black Caucus for championing the passage of the Predatory Loan Prevention Act,”said Rachel Ruttenberg, Director of Policy at Heartland Alliance.“This important law provides financial security and stops predatory, high-cost lending practic...