Latest COVID Related News & Updates

Side-by-Side Comparison Chart of EIDL & PPP

In addition to the Economic Injury Disaster Loan (EIDL) expansion, the CARES Act adds a new Paycheck Protection Program (PPP) to the SBA’s section 7(a) lending program. The PPP offers loans of up to $10 million for businesses to maintain payroll and related benefits,...

Federal Reserve Announces up to $2.3 Trillion in Loans for Businesses

The Federal Reserve announced yesterday that it will provide up to $2.3 trillion in loans to businesses, state and city governments — made possible in part by Treasury funds set aside in the government stimulus package. In essence, the Fed is answering the need for...

Congress Discusses Fourth Recovery Package

Congress is slated to return to DC on April 20th, depending on the severity of COVID-19. With that in mind, the White House as well as the Senate have been seeking to add another phase of the Coronavirus Stimulus Bill. “Let’s do the same bill we just did, make some...

Coronavirus Small Business Resource Hub

Check out the Coronavirus Small Business Hub from SCORE and view their resources available to help your business. From mentors to workshops, this tool can help your business adapt to the fast-paced changes from COVID-19.

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