by Kelly Starzec | Jun 25, 2020 | Finance
To meet the immediate needs of Loudoun County residents who may not be able to pay all of their bills, 100WomenStrong has created a loan program called Pay It Forward. It a community partnership, with donations coming from area businesses, 100WomenStrong, Community...
by Eric Byrd | Jun 25, 2020 | COVID Archives
Some of our Loudoun SBDC clients have asked if they can use CARES Act funding to purchase or grow their business. When we look at the Paycheck Protection Plan program the answer is “no”. That money can only be used for a limited number of expenses for...
by Kelly Starzec | Jun 24, 2020 | COVID Archives
The Small Business Administration (SBA) has announced the availability of a dedicated online tool, called LenderMatch, to provide an additional resource for pandemic-affected small businesses that have not applied for or received an approved PPP loan to connect with...
by Kelly Starzec | Jun 24, 2020 | COVID Archives
The SBA has issued a revised, borrower-friendly PPP loan forgiveness application. In addition to revising the full forgiveness application, SBA also published a new EZ version of the forgiveness application. This version only applies to borrowers that: Are...
by Kelly Starzec | Jun 24, 2020 | COVID Archives
Virginia, including Northern Virginia, moved to Phase 3 reopening on July 1. Under Phase 3 guidelines, social gatherings can include up to 250 people. Other criteria include: Child-care centers will be allowed to reopen.Restaurants and nonessential retail businesses...
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