With billions of dollars in potentially forgivable Payroll Protection Program (PPP) capital still available to small businesses and nonprofits, the U.S. Small Business Administration is encouraging New Jersey small business owners to apply for PPP loans to help...
05/06/2020 Governor Phil Murphy today signed Executive Order No. 138 which extends the Public Health Emergency declared on March 9, 2020 through Executive Order No. 103 and extended on April 7 through Executive Order No. 119. Under the Emergency Health Powers Act, a...
U.S. Small Business Administration Administrator Jovita Carranza and U.S. Secretary of the Treasury Steven T. Mnuchin today issued the following statement on the success of the Paycheck Protection Program (PPP): “The Paycheck Protection Program is providing critical...
The Federal Reserve released guidelines for its soon-to-open Main Street Lending Program that will offer four-year loans starting at $500,000 for small- and medium-sized businesses hit by the coronavirus pandemic. To qualify, a business must have had fewer than 15,000...
Forgivable Loan Qualification and Application: What You Need To Know Additional funds were recently announced to help small businesses affected by government-mandated closures as a result of COVID-19. The Paycheck Protection Program (PPP) is expected to have an...