CARES Act Archives - Page 5 of 5

January 17, 2021

Economic Aid to Hard-Hit Nonprofits Act

Economic Aid to Hard-Hit Nonprofits Act summarizes the terms, eligibility and application requirements of the new Payment Protection Program loan (PPP 2 Loans) under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act was signed into law create a new Paycheck Protection Program (PPP) loan (PPP 2 Loans) available to charities that received PPP loans pursuant to the Coronavirus Aid, Relief, and […]

January 24, 2021

PPP2 Nonprofit Application Download – We Submitted Ours Last Week

PPP2 Nonprofit Application Download – We Submitted Ours Last Week is based on INSIDE CHARITY’s phone conversations with the U.S. Small Business Administration this past Friday. We’re pleased to share that INSIDE CHARITY successfully completed and uploaded our PPP2 application late last week. Feel free to press the link below for your copy of the PPP2 Second Draw Borrower Application Form. PPP2 Second Draw Borrower Application Form – DOWNLOAD HERE What is the Paycheck Protection […]

February 6, 2021

Nonprofit EIDL Loans TARGETED Round – Feb 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 21, 2021

Nonprofit PPP2 Working Better This Time Around

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 […]