Monthly Archives: January 2021

I got my E-tran number. When will my SBA / PPP loan be funded?

In this 2-minute read: What is E-Tran? How long does it take for SBA loans to be funded? What could …

Jan 29, 2021

PPP Loans: What is an E-Tran number and why does it matter?

Important PPP update for 2021 On December 22, 2020, Congress passed a bill renewing funding under the CARES Act, including …

Jan 29, 2021

How to calculate max PPP loan amount: non-profits, religious institutions, veterans orgs

Important PPP update for 2021 On December 22, 2020, Congress passed a bill renewing funding under the CARES Act, including …

Jan 29, 2021

How to calculate your maximum PPP loan amount for S or C corporations

In this 3-minute read: Calculate max Paycheck Protection Program loan for S or C corp IMPORTANT UPDATE FOR 2021: Congress …

Jan 29, 2021

How should partnerships calculate their maximum PPP loan amount?

IMPORTANT UPDATE FOR 2021: Congress has approved an extension of the PPP loan program. SBA will accept applications until May …

Jan 29, 2021

How to calculate the maximum PPP loan amount for self-employed farmers

IMPORTANT UPDATE FOR 2021: Congress has approved an extension of the PPP loan program, and applications may be submitted to …

Jan 28, 2021

How to calculate your maximum PPP loan amount: self-employed with no employees

Important PPP update for 2021 IMPORTANT PPP UPDATE: As of March 3, 2021, applicants who report their income with IRS …

Jan 28, 2021

What if I received the wrong amount for my PPP loan? (too much/too little)

In this 5-minute read: What to do if your PPP loan is not enough What to do if your PPP …

Jan 28, 2021

How do I calculate my maximum PPP loan amount if I have employees? (2021 updates!)

Important PPP update for 2021 On December 22, 2020, Congress passed a bill renewing funding under the CARES Act, including …

Jan 28, 2021

US jobless claims drop; still at 847,000 as pandemic rages (Associated Press)

Jan 28, 2021

Will my business be audited if I receive a PPP loan? (2021 update)

Important PPP update for 2021 On December 22, 2020, Congress passed a bill renewing funding under the CARES Act, including …

Jan 28, 2021

What is the covered period for PPP loan forgiveness? When does it start? (2021 update)

Important PPP forgiveness update as of August 2021 On July 28, 2021, the SBA announced big news (for most PPP …

Jan 27, 2021

5 responses to your PPP loan application and what they mean (important tips!)

Note: if you’re looking for Womply PPP loan status definitions, please visit our PPP loan status FAQs. In this 5-minute …

Jan 27, 2021

Do truckers qualify for first or second draw PPP loans?

In this 5-minute read: Do truckers qualify for first or second draw PPP loans? What expenses does the PPP loan …

Jan 27, 2021

Can my employees file for unemployment benefits if my business gets a PPP loan? (2021 update)

Important PPP update for 2021 On December 22, 2020, Congress passed a bill renewing funding under the CARES Act, including …

Jan 27, 2021

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