June 11, 2023
March 6, 2021
Nonprofit American Rescue Plan Act of 2021 is based on INSIDE CHARITY’s direct communication with U.S. Senate & House leadership and provides an overview of how new legislation would affect charities and nonprofits. Saturday morning, March 6th, the House passed the American Rescue Plan Act, the bill to enact President Biden’s $1.9 trillion set of proposals to address the health and economic effects of the coronavirus pandemic. Senate Majority Leader Schumer (D-NY) has said he […]
February 21, 2021
Nonprofit PPP2 Working Better This Time Around is based on INSIDE CHARITY’s direct communication this past week with the Small Business Administration (SBA). The number of Paycheck Protection Program (PPP2) loans to U.S. nonprofits and small businesses more than doubled in the fourth week of the second round of pandemic relief aid, according to new data from the SBA. This week, the SBA hit a major milestone of approving $104 billion of PPP funds to […]
February 6, 2021
Nonprofit EIDL Loans Second Round Available overviews the SBA’s NEW FAQ on Economic Injury Disaster Loans for year 2021. On Friday, February 5, the SBA added a new frequently asked questions which includes information about the application process, eligibility and program criteria. Please read this article carefully. Even though it starts off with some questions about eligibility you may find that your nonprofit is eligible for a second round of EIDL. 1. Can I apply […]
February 4, 2021
PPP2 for Nonprofits is Inside Charity’s UPDATED REPORT on the Coronavirus Response and Relief Supplemental Appropriations Act of 2021. Thankfully, PPP2 funding has not yet run out, and the great majority of applications are getting approved in a timely manner so chances are high that your nonprofit will get approved quickly if you apply with a lender soon. The Small Business Administration has reported that it has authorized $5 Billion in new PPP loans since […]