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VA Cash Out, Processing, Referral Tools; PPP News; Mortgage Rates on the Move

Years on a trading desk and hedging locked pipelines teaches one that different things move bonds at different times. Right now, rates are still being driven by pandemic news… Yes, rates went up yesterday and this morning, but up until then, many analysts found it odd that the bond market, which drive mortgage rates, continued to seem to shrug off inflation news. The old adage, “Don’t fight the Fed” is true. The Fed has made its intentions clear, and no, rates don&#x2...
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What to do if your PPP loan isn't forgiven | Nation's Restaurant News

, in March 2020, has brought much needed relief to the restaurant industry. The PPP came with a waiver of the affiliation rules set by the U.S. Small Business Administration to ensure more restaurants were able to take advantage of the financial assistance made available by the CARES Act and the additional assistance made available by the December 2020 Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues, or the Economic Aid Act. Nevertheless, the pandemic’s effect on the restaur...
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Source: nrn.com

Economic Aid Act – PPP Loan Program Reopened and Expanded | Ulmer & Berne LLP

To embed, copy and paste the code into your website or blog: On December 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (the “Economic Aid Act”) became law. The economy continues to struggle from the effects of the coronavirus pandemic. This new law provides additional support to many small businesses. So far in the month of January alone, the Treasury Department (the “Treasury”) and the Small Business Administration (SBA) have issued over 200 pages o...
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PPP Redux: What's New for 2021 in the SBA Loan Program | Kelley Drye & Warren LLP

To embed, copy and paste the code into your website or blog: On December 27, 2020, the Consolidated Appropriations Act, 2021 (“the Act”), was signed into law.  The new law both funded the U.S. government for the remainder of FY 2021 and made available a wide range of COVID-19 relief support, including The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (“Economic Aid Act”). The Act reopens the Small Business Administration’s (“SBA”) Paycheck Protection Progra...
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Resources for breweries: Coronavirus Relief Package and PPP Loans

Washington Beer Blog Resources for breweries: Coronavirus Relief Package and PPP Loans By washingtonbeerblog on January 7, 2021 at 2:58 PM I just got a message from the Washington Brewers Guild. They want breweries to know about two upcoming opportunities related to COVID-19 economic relief. Specifically, two upcoming webinars. One presented by the Brewers Association for its members. The other is presented by the Washington Small Business Development Center. Here’s the inf...
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