The application window to apply for a CEBA loan closed June 30, 2021. Further details can be found by visiting ourFAQ Page. For enquiries on key program dates and updates, please refer to theGovernment of Canada CEBA website. Business Development Canada (BDC) Co-Lending Program ...
Small businesses impacted by COVID-19 may receive a grant of up to $15,000 based on its number of full-time employees and severity of revenue loss. Business owners must submit a prequalification form before they can complete the full application. The second round of applications opened on Au...
From emergency loan help to debt relief grants and more, small businesses can get the assistance they need to weather the COVID-19 storm. Check with the SBA and your state to find out what programs you qualify for, and submit your application as soon as possible to get the help you need...
← Congress Directs SBA to Take Stab at COVID-19 Loan Fraud Small Businesses in U.S. Territories Eligible for Preferential Treatment Under New SBA Rule → SmallGovCon Week in Review: August 22-26, 2022 Posted on August 26, 2022 by Shane McCall Print Article Happy Friday, Readers. I...
Loose SBA controls facilitate massive fraud In COVID relief lending: IG report Small Business Administration was charged with overseeing the Paycheck Protection Program, which was intended to help businesses shuttered during the pandemic to retain […]Analysis...
Economic Injury Disaster Loan (EIDL) SBA Coronavirus Disaster assistance loans were designed to help businesses recover from the economic effects of COVID-19. Disaster assistance loans of up to $500,000 with maximum terms of 30 years were available. Small business owners in all 50 states, Washin...
Along with that comes the danger of fraud. October 23 Ahead of the presidential election, small biz owners are growing more uncertain about the economy Small business owners are growing more uncertain about the economy ahead of the presidential election and are reining in spending, according to...
First-Draw PPP Loan Eligibility If your business was affected by COVID-19, you may be eligible for a First-Draw PPP loan if you did not receive a PPP loan under either of the first two funding programs and you are: A sole proprietor, independent contractor, or self-employed person ...
Whether they've previously taken a PPP loan or this is their first, small-business operators may use the PPP Round 2 loans to continue their operations.PPP loanscan also cover mortgage interest, lease payments, utilities, employee protection costs associated with COVID-19, uninsured property damage...
While the Small Business Administration (SBA) implemented several layers of controls to prevent foreign entities from perpetrating fraud within the agency’s COVID-19 Economic Injury Disaster Loan (EIDL) application system, some individuals with foreign-based IP addresses were still able to access the...