At this time, due to increased volume, we are only processing the SBA's Payroll Protection Program and Economic Injury Disaster Loans for businesses who were customers of ours as of 3/30/20. If this changes we will let you know.
The Coronavirus Aid, Relief and Economic Security (CARES) Act allocates $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn.
Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses. These loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.
At this time, due to increased volume, we are currently only processing PPP and EIDL loans for businesses who were customers as of 3/30/2020.
If this changes, we will post updates here.
PPP Flexibility Act: The latest updates to the Paycheck Protection Program.
June 8, 2020
We've once again partnered with McMill CPAs & Advisors & Midwest Bank for a webinar to discuss these recent changes.
Topics covered include:
- New Legislation surrounding PPP loans and loan forgiveness
- Four NEW COVID-19 relief grants through the State of Nebraska
- IRS issuing Economic Impact Payment cards in place of checks for stimulus payments
You have secured a PPP loan...Now What?
April 10, 2020
If you're hoping to learn more about the Paycheck Protection Program and how it might benefit your business, we encourage you to take some time to watch this webinar. We're joined by McMill CPAs & Advisors who discuss how this program might affect you from a tax perspective.
U.S. Small Business Administration
Economic Injury Disaster Loan (EIDL)
We are working with the U.S. Small Business Administration (SBA) to offer low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).