Posts Tagged ‘covid-19’ | Page 2

Despite COVID restrictions, rent hikes, a changing market, and unforseen legal battles, Bibi Pirayesh of California Kabob is determined to fight to sustain her father’s legacy. The LA-based Persian restaurant has served up food and community for over 20 years, but is now struggling to survive the pandemic. Read on for more details about California Kabob.

Thanks to planning, community involvement, and a hefty dose of luck, Oregon City’s Coin Toss Brewery is thriving even through the pandemic. Read on to see how this popular brewery has pivoted to include home delivery and stoke community interest in craft brewing.

You will need to apply for forgiveness through the lender that serviced your PPP loan, not the SBA itself. To do this, you’ll need to submit one of the three available forgiveness application forms, depending on your circumstances: SBA Form 3508, SBA Form 3508S, or SBA Form 3508EZ.

Trellis Counseling has specialized in trauma therapy from day one, and was uniquely prepared for the challenges of the COVID pandemic. Overcoming issues related to remote counseling and therapy, Trellis has adapted to meet the needs of a growing and increasingly traumatized clientele. Read on for a full look at Trellis Counseling, how it began, and where it’s going next.

An interactive webseries sponsored partially by OpenHub, the Pivoteers and Pioneers project focuses on how small businesses in NY’s Hudson Valley are using tech to adapt to the changing landscape of Covid-19.

The PPP and EIDL programs have distributed a massive amount of funding to struggling businesses in the wake of the coronavirus pandemic. However, many businesses have been unable to secure funding from these programs despite applying when directed and meeting all the relevant qualifications. Whatever the reason, there are business owners out there in need of funding that have not been served by the PPP or EIDL programs. That’s why we’ve set out to highlight other lending options — both public and private — that are currently available to small businesses.

US small businesses and their workers are in a really tough spot right now. While some businesses are legally allowed to reopen, employees are feeling uncertain about returning to work. Complicating the situation even further, businesses who recently received a Paycheck Protection Program (PPP) loan are now calling workers back. These businesses are required to spend the federal loan proceeds on payroll in order for the loan to be forgiven—but in some cases, the workers do not want to return, often because they are making more money on unemployment benefits.

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.

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. Read through for the full details on how you can receive forgiveness on your EIDL emergency advance.