Video: Navigating PPP Loan Forgiveness

Paycheck Protection Program (PPP) loans were created as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide a direct incentive for small businesses to keep their workers on the payroll during the COVID-19 pandemic. PPP loans were designed to be eligible for full or partial forgiveness, if the money is used for qualifying costs such as payroll, rent, mortgage interest, or utilities. … Continue reading Video: Navigating PPP Loan Forgiveness

Big Apple, Small Business

New York City Helps Small Businesses Survive

Written by Arina Shulga

With the recent “social distancing” measures that include the closure of schools, bars and restaurants, gyms, libraries, Broadway theaters, large retailers, and other businesses, many companies operating in New York City are being seriously impacted.  Although some bigger companies may survive this economic crisis, small businesses likely face a grim future. Continue reading “Big Apple, Small Business”