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 […]