SBA Loans

All You Need to Know About the Shuttered Venue Operators Grant Program

The Small Business Administration (SBA) recently announced they would be opening applications for the Shuttered Venue Operators Grant (SVOG) on April 8, 2021. KerberRose is here to help you understand eligibility for the grant funds, how you can prepare to apply, and common accounting or auditing questions for post-grant consideration.

All You Need to Know About the Shuttered Venue Operators Grant Program2023-12-11T11:12:18+00:00

PPP Application Deadline Extended

On Tuesday, March 30, President Biden signed the PPP Extension Act of 2021 into law, which extends the Paycheck Protection Program (PPP) application filing deadline from March 31, 2021, to May 31, 2021. This offers potential PPP borrowers additional time to submit their applications and provides more time for the Small Business Administration (SBA) to process applications. The law does not provide the PPP with any additional funding; however, $7.25 billion in additional funding was recently provided in the American Rescue Plan Act.

PPP Application Deadline Extended2023-12-11T11:22:16+00:00

American Rescue Plan Act of 2021: What’s in it for you?

Congress has passed the latest legislation aimed at providing economic and other relief from the COVID-19 pandemic. On March 10, the 628-page, $1.9 trillion American Rescue Plan Act (ARPA) was passed by the U.S. House of Representatives and signed into law by President Biden.

American Rescue Plan Act of 2021: What’s in it for you?2023-12-11T11:19:12+00:00

PPP Revisions Target Smallest Businesses

On Monday, February 22, 2021, the Biden administration announced several reforms with a focus on equity to the popular Paycheck Protection Program (PPP) to bring greater relief to the smallest and most vulnerable businesses. Among other things, the administration is imposing a two-week moratorium on loans to companies with 20 or more employees and focusing on smaller businesses. It’s also changing several program rules to expand eligibility for the 100% forgivable PPP loans.

PPP Revisions Target Smallest Businesses2023-12-11T11:24:50+00:00

New Financial Resources for Small Businesses

Gov. Tony Evers announced on October 6, 2020 more than $100 million in investments were made aimed at providing additional economic stability for small businesses and communities hit hardest by the COVID-19 pandemic. One of the programs opens a second round for the “We’re All In Small Business Grant”, prioritizing businesses most impacted by the pandemic. The “We’re All In Small Business Grant Phase 2” is designed to help small businesses get back on their feet and encourages adoption of best practices to keep employees, customers and communities safe.

New Financial Resources for Small Businesses2023-12-12T07:05:49+00:00

President Donald Trump Signs Executive Orders for Coronavirus Relief

President Donald Trump signed a series of executive orders on Saturday, August 8, to provide temporary relief to Americans impacted by the Coronavirus pandemic. The four executive orders include an additional $400 per week in unemployment benefits, suspension of some student loan payments through December 31, 2020, protection for renters from eviction, and deferral of certain payroll taxes for Americans who earn less than $104,000 annually through the end of the year.

President Donald Trump Signs Executive Orders for Coronavirus Relief2023-12-12T07:00:24+00:00

Paycheck Protection Program Deadline Extended

On July 4, President Trump signed into law an amendment to the Paycheck Protection Program (PPP), allowing businesses affected by the coronavirus (COVID-19) pandemic more time to apply for federal funds. The Small Business Administration (SBA) resumed accepting applications on July 6 in response to the program’s extension legislation, and businesses will now have until August 8, 2020 to apply.

Paycheck Protection Program Deadline Extended2023-11-08T12:01:11+00:00
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