PPP Archives

Stop Doing These 4 Things if You Want Your Business to Last

We’ve all seen the statistics on how many businesses fail within the first few years of operation, and the current pandemic may accelerate that struggle for some startups. After fielding literally thousands of questions from...

byGerri Detweiler

February 4, 2022

6 Things to Do After Receiving Your PPP Loan

You’ve gotten your PPP loan, spent it properly and hopefully qualify for full forgiveness. Congratulations! What’s next? StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here Here are six steps you can...

byNav

April 6, 2021

President Biden Signs PPP Extension Into Law, Application Deadline Now May 31

On Tuesday, President Biden signed a bill extending the the deadline to apply for Paycheck Protection Program (PPP) funding from March 31, 2021 to May 31, 2021. The Paycheck Protection Program is an SBA-backed loan...

byStartupNation

March 31, 2021

WJR Business Beat with Jeff Sloan: Second Round of PPP Funding Still Available (Episode 180)

The Small Business Administration's second round of Paycheck Protection Program (PPP) funding is open through March 31, 2021, and President Biden just announced a series of program enhancements to ensure that underserved small companies hardest...

byStartupNation

February 24, 2021

WJR Business Beat with Jeff Sloan: New Paycheck Protection Program Details (Episode 158)

This morning, we want to direct the attention of small business owners to the latest pandemic stimulus bill. Passed by Congress in late December, it has opened the doors for many small business owners to...

byStartupNation

January 11, 2021

New Paycheck Protection Program (PPP) Loans: How to Qualify and Apply

Updated January 11, 2021: The SBA has released guidance for new Paycheck Protection Program (PPP) loans available under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the Economic Aid Act). This article...

byNav

January 11, 2021

4 Ways the New PPP Loans are Better Than Before

The economic stimulus bill that was recently passed by the House and Senate has been signed by the President. It contains several hundred pages of aid for small businesses. There will be more funds available...

byGerri Detweiler

December 23, 2020

How to Pay Back an EIDL or PPP Loan

If your business received an Economic Injury Disaster Loan (EIDL) or Paycheck Protection Program (PPP) loan, you may have determined it isn’t a good fit for your small business for any number of reasons: You...

byNav

October 6, 2020

Are Business Loans More Affordable Now Due to the Pandemic?

The COVID-19 pandemic has devastated the global economy in a number of ways. Unemployment is up, the stock market is down, and small businesses are struggling to make ends meet. While Congress approved some financial...

byEric Goldschein

September 21, 2020

WJR Business Beat with Jeff Sloan: Brian Calley (Episode 101)

On today's WJR Business Beat segment, Jeff shares a recent StartupNation Radio interview conversation he had with Brian Calley. Calley is the current president of the Small Business Association of Michigan (SBAM), and he was...

byStartupNation

August 17, 2020

Need Financial Help to Reopen Your Business After COVID-19?

After months of lockdowns that required many companies to cut back hours, pause production or close completely, restrictions are starting to lift, and small businesses are starting to slowly and cautiously open back up. But...

byRapid Finance

June 15, 2020

7 Steps to Get Your Business Lender Ready

For years, I’ve been encouraging business owners to line up financing before they need it. Whether it’s a crisis or opportunity, you want to be prepared so you can respond quickly—and that crisis is now...

byGerri Detweiler

June 9, 2020

7 Ways the Paycheck Protection Program Flexibility Act Can Help Your Business

Update 6/5/2020: President Trump signed the Paycheck Protection Program Flexibility Act into law. The legislation gives small business owners more flexibility in how they can use PPP funds and may make it easier to qualify...

byNav

June 5, 2020

Additional PPP Guidance for Seasonal Businesses

It took a while to get here, but the SBA has provided some additional PPP guidance for seasonal businesses to calculate the maximum loan amount for seasonal employers. StartupNation exclusive discounts and savings on Dell...

byNav

April 29, 2020

WJR Business Beat with Jeff Sloan: Applications Open for Paycheck Protection Program (Episode 41)

Today, applications open for the second round of the Paycheck Protection Program, an SBA loan that helps entrepreneurs keep their workers employed during the COVID-19 crisis. Jeff offers up great tips for securing these funds...

byStartupNation

April 27, 2020

3 Things That Could Cost Your Business its COVID-19 Loan

The Senate approved an additional $60 billion in funding for the Economic Injury Disaster Loan (EIDL) program and $310 billion for Paycheck Program Protection (PPP) loans on April 21, 2020. It now heads to the...

byGerri Detweiler

April 23, 2020