by Kelly Starzec | Feb 23, 2021 | COVID Archives
The SBA has established a 14-day, exclusive PPP loan application period for businesses and nonprofits with fewer than 20 employees, beginning on Wednesday, February 24, 2021 at 9 a.m. and ending on March 9, 2021 at 5 p.m.. The goal is to provide these smaller...
by Eric Byrd | Feb 11, 2021 | Finance
In December 2020 the Economic Assistance Act became law and provided several adjustments to assistance programs for small businesses. One of the changes was some alterations to the Employee Retention Credit (ERC) for 2020 and part of 2021. We talked with local CPA,...
by Kelly Starzec | Feb 5, 2021 | COVID Archives
The CARES Act includes a number of relief programs for small businesses. The main difference between a PPP loan and an EIDL is that you have to spend at least 60% of the PPP loan on payroll expenses. Also, unlike EIDL loans, PPP loans are not issued directly from the...
by Kelly Starzec | Feb 4, 2021 | COVID Archives
Virginia’s permanent COVID-19 workplace safety and health rules have taken effect. The standards mandate appropriate personal protective equipment, sanitation, social distancing, infectious disease preparedness and response plans, record keeping, training, and hazard...