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BUSINESS RESOURCE CENTER

U.S. Small Business Administration

Paycheck Protection Program (PPP)

If you've received your loan and are curious about forgiveness, we have information available to help you through the forgiveness application process.

 

PPP Flexibility Act: The latest updates to the Paycheck Protection Program.

June 8, 2020

We've once again partnered with McMill CPAs & Advisors for a webinar to discuss these recent changes. 

Topics covered include:

  • New Legislation surrounding PPP loans and loan forgiveness

  • Four NEW COVID-19 relief grants through the State of Nebraska

  • IRS issuing Economic Impact Payment cards in place of checks for stimulus payments


U.S. Small Business Administration

Economic Injury Disaster Loan (EIDL)

We are working with the U.S. Small Business Administration (SBA) to offer low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).

 

 

SBA’s Economic Injury Disaster Loans (EIDL) offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.

These loans may be used to pay fixed debt payments, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%.

SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.


 

We're here to help.

We're in this together.  If you have questions regarding the options available to you for your business, please contact us and we will be in touch with you.