Small Business

PPP Paycheck Protection Program

June 15, 2020 

New Guidance on PPP Loans from Treasury and SBA

The U.S. Small Business Administration and Treasury Department have issued new and revised guidance for the Paycheck Protection Program.  This guidance implements the Paycheck Protection Program Flexibility Act (PPPFA), signed into law by President Trump on June 5, 2020, and expands eligibility for businesses with owners who have past felony convictions. To implement the PPPFA,...…

PPP Paycheck Protection Program

June 12, 2020 

56% of Businesses Surveyed Sought PPP Funds

Some 56 percent of business executives said their companies had sought relief funds through the Paycheck Protection Program (PPP), a $660 billion initiative under the CARES Act designed to protect small businesses and their employees...

economy_crash

June 8, 2020 

World Bank Predicts Worst Recession Since WWII

Global gross domestic product will probably shrink 5.2% in 2020, the Washington-based development organization said in its semi-annual Global Economic Prospects report Monday. Emerging and developing economies will shrink 2.5%...