Nav.Com had this great article about the Paycheck Protection Program. Paycheck Protection Loans are Intended to Keep Employees on the Payroll: What Does that Mean? April 3, 2020 by Ty Kiisel PPP loans are intended to keep employees on the payroll, but many people have questions about what that means. Here’s what you need to … Continue reading Paycheck Protection Loans
We just scheduled another set of webinars designed to help your business through these tough times. We hope you are able to attend some or all of the live webinars, but don’t worry if your schedule won’t permit. We will be posting the recordings after the webinars on our WEBSITE to allow for the most reach. … Continue reading MVSBDC Webinars
The details of the Paycheck Protection Program were released 3/31/2020. Here they are in brief: Program will provide small businesses with funds to pay up to 8 weeks of payroll costs, including benefits. Funds may also be used to pay interest on mortgages, rent, and utilities. Full forgiveness is available based on the employer maintaining … Continue reading Payroll Protection Program Details Released
Rob Alexander, director of the Springfield SBDC just posted a great informational video explaining the Paycheck Protection Program, a part of the recently passed CARES Act that impacts small businesses. View the video.
To help small businesses affected by the Covid-19 crisis, here is a link to our recorded webinar to help you with the SBA’s Disaster Loan process. WEBINAR
The SBA has granted Governor DeWine’s request for an emergency declaration from the SBA. The EIDL loan application is now open to Ohio Businesses: https://disasterloan.sba.gov/