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Where do you turn when venture capital isn’t a good match for your business plan? In this post, we’ll look at some alternative funding sources if venture capital isn’t the right fit for your startup or small business. But first, let’s talk about venture capital a bit to make sure we’re on the same page.

In this article, we’re going to discuss what we currently know about PPP tax audits. We’ll look at what businesses will be audited, what these audits will look like, and answer some FAQs about the PPP audits. We’ll continue to monitor this situation and will update this article as more information becomes available.

If you’re wondering how business loans work, you are probably in the early stages of research for getting business financing. You have taken an important first step: gathering information about what the process is like and learning what to expect if you continue your search for a loan.

The Paycheck Protection Program (PPP) is bringing much-needed relief to small business owners affected by the coronavirus. Not only does this loan program provide funding to help cover payroll and other expenses, but if used for qualifying purposes, your loan will be forgiven. In this post, we’re going to help you understand how you can qualify for PPP loan forgiveness.

With Round 2 of the Paycheck Protection Program (PPP) looking to be about ready to begin, businesses that missed the first round will have a second chance to take advantage of the popular relief package. This includes businesses whose owners may have assumed they did not qualify due to being sole proprietorships with no employees (this status technically applies to freelancers as well). If you’re an individual with self-employment income, you can qualify for a PPP Loan if you meet certain criteria.

Small business owners and the self-employed have faced particular challenges and frustrations, as many were unable to get a PPP Loan during the last round of funding despite applying as soon as the funds became available. The good news is that on April 21, 2020, the US Senate passed a bill authorizing the addition of $310 billion to the Paycheck Protection Program (PPP), which offers forgivable loans to businesses affected by the devastating COVID-19 outbreak. Just know that once it’s signed into law, it might be another day or so before the SBA can reopen the program to new applicants.

In response to the woes facing the economy, the US government has allocated funds to help support businesses throughout the country by enacting the $2 trillion CARES Act. One of the programs for small businesses affected by this act is the Economic Injury Disaster Loan (EIDL) program. Thankfully, at least part of the money involved with an EIDL may not need to be repaid. Read through for the full details on how you can receive forgiveness on your EIDL emergency advance.

As part of the CARES (Coronavirus Aid Relief and Economic Security) Act, the Federal government gave the EIDL program a boost, which included $10 billion for $10,000 advances/grants given to small businesses impacted by the Coronavirus pandemic. In a pre-COVID world, the process was remarkably fast. However, we are not in a pre-COVID world, and there is no concrete answer here. Now, more than ever, it’s essential to know what documents are needed to apply for disaster loans and to have those resources readily available. Also, be prepared to wait, as the SBA states that applications might take up to four weeks.

One provision of the CARES Act that has gained a lot of attention nationwide is the Paycheck Protection Program (PPP). This program has received an overwhelming response from small business owners. If you own a small business and have employees on your payroll, the PPP loan may be beneficial for you. Keep reading to learn more about this program, how to know if you qualify, and how to navigate the application process with ease.

Bank of America is one of the largest and most omnipresent lending institutions in the country, so it’s no surprise that many small businesses seeking relief through the Paycheck Protection Program (PPP) during the COVID-19 crisis are applying through the bank. Applicants expecting to only have to deal with Bank of America infrastructure are, however, running into unfamiliar software provided by one of its partners, IntraLinks.