Updates on the PPP Forgiveness Process
Banks are beginning to offer portals for businesses to begin the PPP forgiveness process. We strongly encourage our clients to continue to work closely with their bank’s forgiveness process. If you find you need accounting assistance at any point during the process,...
New Low Interest Loans Available to Women- & Minority-Owned Businesses
The Economic and Community Development Institute (ECDI) is administering a statewide loan fund to help women- and minority-owned businesses recover from the coronavirus fallout. Loans are available up to $350,000 each at 2% interest. More details about the program can...
Ohio Offers Micro-Enterprise Grant Program for Minority- & Women-Owned Businesses
Ohio’s Office of Small Business Relief recently announced a micro-enterprise grant program benefiting many of Ohio’s small, minority- and women-owned businesses, which have been hard hit by the COVID-19 pandemic. The Ohio Minority Micro-Enterprise Grant...
Paycheck Protection Program Flexibility Act Signed; Changes to Benefit Business Owners
Anyone who has taken out a PPP loan should review this Forbes article and the numerous favorable changes to the PPP program.