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Paycheck Protection Program Advice

We found this informative article detailing the Paycheck Protection Program Loans provision of recent legislation to help owners of small businesses impacted by the Coronavirus and business closures. Learn more about the program from small business lawyers. As always, we are available to help you understand the accounting and tax implications of these new programs. …

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New Fund Launched To Help St. Louis Businesses.

https://www.bizjournals.com/stlouis/news/2020/03/23/fund-launched-to-aid-st-louis-area-small.html?ana=e_stl_bn_editorschoice&j=90501384&t=Breaking%20News&mkt_tok=eyJpIjoiWW1WaU1URmtNemhrTUdReiIsInQiOiI5ek5qbjdSajZGWlZLbmM5dzhibmtVQ0xlN21ZQUFlTTNEOEpOTHhDbjhYaE9tcm9vazRFVWJwQmZTTEd3UFZNcVIxWDVQV0EwU0dvQXlDWkowdDZZS0d3WEo1WXJ2MXphVDBkUjkrSFZPYlJneEI2V25lb0lNNld1SDVPc0krVzFHcUtzZ2pWVEIxbmhzWk9OY0tLZmc9PSJ9

SBA Coronavirus Disease (COVID-19) Relief Loans

There is likely to be a significant backlog so apply as soon as possible if needed – use this link  https://www.sba.gov/funding-programs/disaster-assistance  There is some leg work, but the repayment terms are business-friendly.  These loans are for working capital and not to expand or refinance existing debt. They may be used to pay fixed debts, payroll, rent, accounts …

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