EIDL Round 2 — SBA Expands Covid-19 Loans Again

 Do you have a Question?  Ask below. One of our Investors or Advisors will Answer! NOTE — THIS POST HAS BEEN UPDATED BASED ON SBA UPDATES PUBLISHED ON FEBRURARY 1, 2021 AND MARCH 24, 2021, MAY 28, 2021, JULY 1, 2021 and SEPTEMBER 8, 2021. The Consolidated...

SBA Expands PPP Loan Requests to Schedule C Filers

 Do you have a Question?  Ask below. One of our Investors or Advisors will Answer!   In early March, the SBA announced it was halting the processing of PPP Loan Draw 2 applications for applicants with more than 20 employees for a two week period.  During that...

4 Things To Do to Prepare to Sell Your Business

 Do you have a Question?  Ask below. One of our Investors or Advisors will Answer!   As I speak with business owners considering the sale of their businesses in the near future, it’s obvious most are overwhelmingly unprepared to do so.   The onset of the...

What Happens to PPP Loan When Selling a Business

 Do you have a Question?  Ask below. One of our Investors or Advisors will Answer! The Small Business Administration (SBA) issued a Procedural Notice on October 2, 2020 which offers business owners and lenders guidance on how Paycheck Protection Program (PPP) Loans...