April 21, 2020

PPP Forgiveness Requirements: A Business Owner’s Guide to Navigating the Rules

Latest update: 2/1/2021 Business owners all over the country have taken advantage of the SBA’s Payroll Protection Program (PPP). So many, in fact, that the PPP has already exhausted its $350 billion budget. Although some of you may still be waiting for your funds to be deposited, many others have already received their money. But what do we do with the money now that we have it? After all, the beauty of the PPP is its forgiveness provision. In today’s article, I will detail some ways to get the most out of your PPP forgiveness.
April 2, 2020

SBA’s Economic Injury Disaster Loans – Immediate Hope For Businesses

Last update – 2:13 PM, February 8, 2022 Over the course of the COVID-19 pandemic, news and information have changed at a frenetic pace.* As the information on the Senate Cares Act was released on 3-27-2020, it was already in the process of changing. So what has the Cares Act changed for us, as business owners, in regards to the Economic Injury Disaster Loan? What do we do with this new information? Who is eligible? What portion of the loans will be forgiven? These are just some of the questions that we will address as we look at the update to the Cares Act and what to do now.
July 4, 2017

The Broker that Helped Free the Colonies

Today as we celebrate our independence, it’s easy to think of those founding fathers, like Franklin, Washington, Jefferson, or Hancock, that we attribute so much of our country’s success to. However, there’s one name you probably haven’t ever heard of, yet his role in our freedom was instrumental in so many ways, Haym Salomon. He is the broker that helped free the colonies. His contribution included making sure the Continental Army received the necessary financing to keep going during the American Revolution. Not only did he keep the money rolling in to prevent them from throwing in the towel, but he also helped found the country’s first national bank, the Bank of North America. Born in Poland in 1740, Salomon a Sephardic Jew, traveled through Western Europe learning the ins and outs of banking and financing. Eventually, he immigrated to the colonies, just prior to the Revolution, landing in New […]
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