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« BACK March 09, 2021 PPP Round 3 Information Updated March 9, 2021 VNB is accepting... | March 11, 2021

Nearly one year ago, in response to the COVID-19 pandemic and related economic downturn, the Small Business Administration-backed Paycheck Protection Program (PPP) provided loans to...

PPP Forgiveness Webinars Tuesdays The SBA Vermont District Office hosts free webinars from 11:30 a.m.  to 1 p.m. Tuesdays  about Paycheck Protection Program forgiveness. Topics include criteria, the process, changes and more. To access the webinar, click here. To access the webinar by phone, call 202-765-1264 and enter code 986 011 495#. For more information, email susan.mazza@sba.gov. PPP First & Second Draw Webinar Wednesdays The SBA Vermont District Office hosts free webinars from 9 a.m....

Forgiveness Reductions Based on Salary or Wages Documents 1. COVERED PERIOD: The covered period is the period beginning on the date the lender disburses the PPP loan and ending on the date selected by the borrower that occurs during the period (i) beginning on the date that is 8 weeks after the date of disbursement, and (ii) ending on the date that is 24 weeks after the date of disbursement (the “Covered Period”). Please note that the option to elect an alternative covered period was remove...

Iowa financial institutions have made more than 53,000 Paycheck Protection Program loans to small businesses in the second round of funding, according to the la

The Beacon BY U.S. REP. BOB LATTA As we begin a new year, citizens, workers, and small businesses in Ohio still need relief from the ongoing COVID-19 pandemic. Small businesses in Ohio’s Fifth Congressional District have faced many challenges throughout the COVID-19 pandemic. After speaking with restaurant owners, health care professionals, and others in Findlay, Cygnet, Stryker, Elmore, Maumee, Paulding, Napoleon, Van Wert, Genoa, and Wauseon, I learned that the Paycheck Protection Program (...

National Defense Authorization Act On January 1, 2021, the National Defense Authorization Act (“NDAA”) for Fiscal Year (“FY”) 2021 became law ( Public Law 116-283), marking the 60th straight year of the NDAA’s passage into law. The President vetoed the bill on December 23, 2020 as was widely expected. The President had long threatened to veto the bill if it did not include a repeal of Section 230 of the Communications Decency Act, which prevents social media websites from being held ...

(The Center Square) - The federal government opened a "priority window" on Wednesday that Colorado businesses with fewer than 20 employees can apply to for the next round of federal

To embed, copy and paste the code into your website or blog: On Monday, February 22, 2021, the Biden-Harris administration announced several reforms to the Paycheck Protection Program (“PPP“), including: Starting at 9 a.m. EST on Wednesday, February 24, 2021, through Tuesday, March 9, 2021 (the “ Exclusivity Period”), only eligible businesses with fewer than 20 employees can apply for relief through the PPP. During the Exclusivity Period, SBA will reject new applications for applicants...

To embed, copy and paste the code into your website or blog: On December 28, 2020, former President Trump signed the Consolidated Appropriations Act. Over 5,000 pages in length, the legislation (referred to herein as the Economic Aid Act) included revisions and additions to the Paycheck Protection Program (PPP). The new PPP will: (1) accept PPP loan applications from eligible borrowers that did not receive a PPP loan under the earlier program (known as "First Draw Loans"); (2) permit qualifying...