Emergency capital

New Round of PPP targets aid for smallest businesses during the pandemic

The White House recently announced new changes to the Paycheck Protection Program (PPP) to better focus federal relief funds and aid struggling small businesses that may have been left behind during the first rounds of funding. The changes come at a critical time, when our research reveals that minority-owned businesses have greatly struggled to secure capital compared to their white counterparts. 

Condonación de Préstamos del Programa de Protección de Sueldos: Consejos clave a considerar

Al comenzar un nuevo año, los propietarios de pequeñas empresas que solicitaron un préstamo del Programa de Protección de Sueldos (PPP) deben conocer los procesos y requisitos para solicitar la condonación de préstamos PPP. Siga los siguientes pasos para completar el proceso de condonación de préstamos que le dará tranquilidad y puede ayudarlo a prepararse para la próxima temporada de impuestos.

Paycheck Protection Program Loan Forgiveness: Key tips to consider

As we begin a new year, small business owners who applied for a Payment Protection Program (PPP) loan should be aware of the processes and requirements to apply for PPP loan forgiveness. Taking the following steps to complete the loan forgiveness process will give you peace of mind and may help you prepare for the upcoming tax season. 

Here are some key facts to consider as you start to navigate the process.

California Covid Relief

As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about implications in the workplace and funding options to help bolster their businesses during this difficult time. We are compiling relevant resources and information on new funding opportunities and policy developments that we are sharing on our website and through online presentations. We will be posting updates to this page with useful information about the ways California small businesses can prepare for the impact of COVID-19 on their business and community.

Business Owners: Beware of Coronavirus Loan Relief Fraud

This blog originally appeared on the blog of our partner CDC Small Business Finance 

As a small business owner, we know you need relief and you want it fast. We urge you to be diligent when getting an emergency loan. It’s critical to know how to not fall victim to scams and fraud.

“Fraudsters have already begun targeting small business owners during these economically difficult times,” according to the SBA, which warned owners in particular of grant and loan fraud and phishing schemes.