June 17, 2024
January 3, 2021

PPP2 For Nonprofits Charities & Ministries – Key Differences

PPP2 For Nonprofits Charities & Ministries overviews the key differences between the Consolidated Appropriations Act, 2021 and the first stimulus package approved this past March by Congress ($2 trillion CARES Act.) Please note that guidance and regulations related to this second round of PPP have NOT yet been issued. The SBA is required to
January 10, 2021

Nonprofit SBA Guidelines PPP2 – Program Re-Opens This Week

Nonprofit SBA Guidelines PPP2 – Program Re-Opens This Week is INSIDE CHARITY findings regarding the SBA’s new round of PPP2 loans. The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced this weekend that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new nonprofits and certain existing PPP charities. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP […]
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 […]