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Another Round Of PPP? What We Know Right Now About Another Government Stimulus For Small Businesses
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Another round of PPP funding may be in the works, but the odds aren’t looking great. Here’s everything your small business must know about the PPP reopening.
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Marketing Agency Just Digital Continues To Help Businesses Target & Maintain Clients, Even Through COVID
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Hugo Fernandez started Just Digital, a creative marketing agency based out of LA, in 2012 with the intention to help small business owners access their target clients. Eight years later, Fernandez’s company continues to help small business owners grow their client base even through COVID. Read on for a closer look at JustDigital.
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Guide To PPP Forgiveness Rules, Qualified Expenses, & How To Apply For Loan Forgiveness [Updated Sept. 2020]
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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.
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An October Shopping Festival Might Give Your Business A Jump On Holiday Shopping Season
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A retail group is pushing Oct. 10 as 2020’s big shopping event. Could the 10.10 online shopping festival help your retail business’ 2020 holiday season? Read on for more details about 10.10, as well as information about how you can participate in this year’s answer to Black Friday.
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The Best SBA Lenders For Small Businesses (& How To Choose The Right Lender For Your Needs)
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If you’ve been on the hunt for an affordable small business loan, Small Business Administration (SBA) loans are probably already on your radar. With high borrowing limits, long repayment terms, competitive interest rates, and less stringent requirements than traditional low-interest loans, it’s no wonder SBA loans are highly sought by small business owners. In this post, we’re going to take a look at the top 10 SBA lenders based on data from the SBA itself.
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SBA Loans: Current Interest Rates For September 2020
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The Small Business Administration (SBA) provides a number of loan programs designed to help small businesses grow. SBA loans are known for having some of the lowest interest rates available. We’ll explain the rates for three of the SBA’s most popular loan programs: 7(a) Loans (business loans for most general business purposes), CDC/504 Loans (business loans to finance real estate and other fixed assets), and Disaster Loans (loans to rebuild following a disaster).
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Your Business Can Now Stop Withholding Employee Payroll Taxes: Need To Know Facts About The Tax Holiday
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Employers affected by the ongoing COVID-19 emergency have received a tax holiday that began on September 1. This tax holiday is only available for employees who have bi-weekly paychecks that are less than $4000 (or an equivalent of a salary of $104K a year). Is this a good move for your business? Read on for more details about the payroll tax holiday.
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Need A New Business Idea? Key Stats About 5 Industries That Are Booming Because Of COVID
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The economy is floundering; there’s no two ways about it. However, a few industries have managed to wade through the darkness and actually grow amid a deadly pandemic. From eCommerce to delivery services to office equipment, parts of the economy have indeed pushed forward. Curious about the details of these booming industries? Let’s take a look at the numbers.
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How To Check The Status Of Your SBA Paycheck Protection Program (PPP) Loan Application
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As part of the national effort to combat the devastating economic effects of the COVID-19 pandemic, the CARES Act was signed into law on March 26, 2020. The Act authorized the creation of the $349 billion Paycheck Protection Program (PPP), a loan program meant to provide loans to businesses impacted by the pandemic. Sadly, this program has been beset with problems from the start. Small businesses seeking relief have had to deal with a confusing application process, banks that have been unwilling to accept loan applications from “new” customers, delays in the disbursal of loan funds, and a creaky SBA computer system. If you find yourself in the unfortunate position of waiting to learn about the status of your PPP loan application, here’s what you can do.
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