On Friday, June 5, 2020, the Paycheck Protection Program Flexibility Act (PPPFA) became law. Pursuant to the PPPFA, current PPP borrowers can choose to extend the original eight-week period spend the PPP funds to 24 weeks, or they can keep…
Paycheck Protection Program – PPP
Hartford, CT. Updated 04/10/2020 (Update June 5, 2020 PPP amended by PPPFA – Please Read) Summary: Many small businesses should apply for these loans without delay. Business owners with questions should contact their lawyers or accountants promptly. A Paycheck Protection…
EIDL – $10,000 Grants
[Update April 14: The SBA has notified Applicants that Despite prior promises of $10,000 per applicant, they are only advancing $1,000 per employee as of the January 31, 2020 Payroll.] The first $10,000 of funds advanced under Economic Injury Disaster…