business capital

PPP round 2 forgiveness: what are the additional 2021 covered expenses compared to 2020?

In this 4-minute read: What new expenses are covered under PPP round 2 forgiveness for 2021? Operations expenditures, vandalism/property damage, …

Jun 13, 2021

The PPP is being extended! New application deadline is May 31, 2021

Congress approved an extension of the PPP loan program until May 31, 2021, including “second draw” PPP loans for businesses …

Mar 30, 2021

Tracking PPP expenses to maintain forgiveness (tools and tips!)

In this 6-minute read: Why it’s important to track and keep accurate records of your PPP loan expenses How can …

Feb 03, 2021

You can “stack” your first and second draw PPP loans! (We show you how)

In this 2-minute read: Is “stacking” first and second draw PPP loans legal? How you can optimize your PPP loan …

Feb 02, 2021

PPP FAQs: 1040 Schedule C tips for independent contractors, sole proprietors, and self-employed

In this 3-minute read: What new PPP rules can have big impacts on loan amounts for Schedule C borrowers? Do …

Feb 01, 2021

2021 EIDL grants, advances, loans, and FAQs (check back for updates!)

UPDATE: SBA is currently accepting new COVID-19 EIDL loan applications from all qualified small businesses, including agricultural businesses, and private …

Jan 26, 2021

PPP 2021: How long does it take to apply, get approved, and get funding?

In this 3-minute read: Will the PPP run out of money? How long does it take to submit a PPP …

Jan 26, 2021

Can I get a PPP loan if I am on unemployment? (FAQs for 2021)

In this 2-minute read: Can I still get a PPP first or second draw loan if I’m currently taking unemployment …

Jan 25, 2021

What can independent contractors use PPP loans for? (approved expenses 2021)

In this 4-minute read: What can independent contractors spend their PPP loan on? What constitutes an independent contractor for the …

Jan 25, 2021

When / how can independent contractors & self-employed apply for PPP loans in 2021?

In this 6-minute read: When can independent contractors and self-employed business owners apply for the PPP loan in 2021? How …

Jan 21, 2021

Do I need to have PPP forgiveness before applying for a second draw loan? (2021 Q&A)

In this 3-minute read: Do you need your first PPP loan forgiven before you apply for a second draw loan? …

Jan 20, 2021

Can independent contractors & self employed get a first or second draw PPP loan in 2021? (new FAQs!)

In this 5-minute read: Can independent contractors, sole proprietors, and self-employed business owners get a first or second draw PPP …

Jan 20, 2021

How do I find my PPP First Draw SBA Loan Number when applying for second draw loans?

In this 2-minute read: How do I find my PPP First Draw SBA Loan Number number? Why do I need …

Jan 14, 2021

PPP 2021: simplified application, second draw loans added (see new forms here!)

In this 3-minute read: New simpler PPP application form .pdf Second draw loan application (including .pdf) Can I just submit …

Jan 13, 2021

Here’s what PPP 2021 update means for minority, veteran, women-owned businesses

What’s new for PPP 2021? The SBA is responding to criticism that larger borrowers who used bigger banks had an …

Jan 11, 2021

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