Businesses with an initial PPP loan can still apply for a second loan. They must use their entire initial advance. Similarly, they must have fewer than 300 employees. Also, they must demonstrate a revenue decrease of 25%
Tag Archives: SBA
03
Dec
Dec
Are you looking for an SBA loan or a reliable online lender? Not sure what the difference is? SBA loans (or government small business loans) are what many startups gravitate towards at first. However, online loan lenders have raised the financing bar, so to speak, and can provide high-quality small business loans just […]
01
Apr
Apr
State and Local Coronavirus Small Business Assistance We are updating this story regularly as more federal, state and local program details become available. Last update: April 1st, 2020 States and municipalities are adding programs by the day. Check your governor’s website for up-to-date information about relief available in your area. The National Governors Association offers […]
01
Apr
Apr
SBA Disaster Loans The SBA Economic Injury and Disaster Loan is available to all the states throughout the country for any business needing access to capital to cover needs brought by the Coronavirus pandemic. For those businesses that qualify, this loan is a great option as it has no upfront fees or early payment penalties and […]