During these challenging times for small business owners who are deeply affected by the pandemic, The ABPA Small Business Task Force is closely monitoring different resources available that could provide financial relief until our economy returns to what resembled pre-pandemic times. Here are several key relief programs that are available, and you should consider applying for.
New Business Interruption Grants Program
The first round of Business Interruption Grants (BIG) will provide $60 million to businesses experiencing losses or business interruption as a result of COVID-19 related closures.
ABPA has highlighted some points of interest for Business Owners who would like to apply for the PPP business loan. Here are the new guidelines for the PPP loan forgiveness.
PPP Loan A-Z Application
The Small Business Association (SBA) has clarified the rules surrounding loan forgiveness of the Paycheck Protection Program (PPP). Are you eligible to use the EZ PPP loan Forgiveness Application?