On Friday, President Trump signed legislation into law that is commonly being described as Phase 3 of Congress’s efforts to offer relief to those affected by COVID-19. Among many other provisions, the bill provides small business interruption loans for eligible small businesses, businesses with ...
Ecommerce and omnichannel merchants should check with their state and local governments for coronavirus relief. Facebook Grants Facebook has set aside $100 million forsmall business grantsto help offset economic damage from the pandemic. These grants may take the form of cash or advertising credits...
Here are some of the new points and clarifications that business owners should be aware of, according to Ami Kassar, an expert onsmall-business loansand founder of lending advisory firm MultiFunding. 1. When you can apply Small businesses and sole proprietors can apply for the PPP loans begin...
in Texas and across the country due to the COVID-19 Pandemic, Congress passedthe Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), authorizing over Two Trillion Dollars ($2,000,000,000,000.00) in relief with $377 Billion of that sum dedicated to help small business ...
Trump is linked to the firms and their executives through business deals conducted with his company, as well as through financial support for his 2016 run for president, his inauguration and his 2020 reelection campaign.
of payment within 30 days of receiving payment. HHS states that it will focus on providers in geographic areas particularly impacted by the COVID-19 outbreak, rural providers, and providers of services with lower shares of Medicare reimbursement for the remaining $70 billion in th...
The Paycheck Protection Program (PPP) Loan Forgiveness program is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. It allows small business owners to get loans from the government to cover their payroll, rent, mortgage, and other expenses during the COVID-19 pandemic. ...
KBank to provide 15,000 million Baht in loans to aid pandemic-stricken business customers for liquidity enhancement in light of COVID-19 resurgence KASIKORNBANK (KBank) has pressed ahead to help business customers reeling from the latest wave of COVID-19 across the country. The assistance measu...
As part of an end-of-year pandemic relief package, Congress has passed several changes to the Paycheck Protection Program (PPP) and created a “Second Draw” PPP for small businesses who have exhausted their initial loan. Other changes impact eligibility for initial PPP loans, the loan forgivene...
In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories were able to apply for an Economic Injury Disaster Loan advance of up to $10,000. This advance is designed to provide economic relief to businesses that are cur...