Archive for the ‘Uncategorized’ Category
SBA and Treasury Announce PPP Re-Opening
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance WASHINGTON – The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be […]
Proclamation on National Small Business Week, 2020
During National Small Business Week, we celebrate the resolve and ingenuity of American businesses, entrepreneurs, and workers. America’s small businesses are at the very core of our Nation’s identity and prosperity, and this week we pay tribute to these patriots for their contributions to our Nation’s economy and culture. https://www.whitehouse.gov/presidential-actions/proclamation-national-small-business-week-2020/?utm_source=link
Small Business Disaster Preparedness
Major counties in Colorado have now been added to the list of eligible locations for businesses that need Disaster Loan Assistance. Please check here: https://disasterloan.sba.gov/ela/ Small Business Guidance Coronavirus-COVID 19: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
Some Updates…..
Special Purpose Projects: Please remember that any business (including affiliates) that has an outstanding debenture for a project involving a Limited or Special Purpose Property is required to contribute at least 20% for each subsequent project involving a Limited or Special Purpose Property (SOP 50 10 5 (K), page 270). Special Purpose Property includes car […]