March 29, 2024
April 1, 2020

Nonprofit Paycheck Protection Program (PPP) Application

Nonprofit Paycheck Protection Program Application Link is now online. The CARES Act Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to nonprofits to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The loan amounts will be forgiven as long as: 1) The loan proceeds
April 3, 2020

PPP Nonprofit Loans – We Just Met With Two Approved Lenders

PPP Nonprofit Loans – We Just Met With Two Approved Lenders is a summary of our nonprofit’s meetings with two major SBA 7(a) approved lenders (well-known banks) to compare their processes and product. Their loan representatives were well-informed and transparent about what’s really happening behind the scenes. Here’s what we learned:
April 4, 2020

Faith-Based And Church PPP Loans – Easter Week 2020

Faith-Based And Church PPP Loans – Easter Week has been adapted directly from this morning’s SBA’S FREQUENTLY ASKED QUESTIONS REGARDING PARTICIPATION OF FAITH-BASED ORGANIZATIONS IN THE PAYCHECK PROTECTION PROGRAM (PPP) INCLUDING THE ECONOMIC INJURY DISASTER LOAN PROGRAM (EIDL) This federal communication
April 11, 2020

PPP Loans Nonprofit Nightmare Update – Monday, April 13, 2020

PPP Loans Nonprofit Nightmare – April 13, 2020 confirms what every nonprofit has been experiencing since the Federal $349 billion Payment Protection Program (PPP) launched on April 3rd. Inside Charity has been silent this past week while our team worked diligently with lenders, borrowers and the Small Business Administration to discover