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PPP Loans being approved at a Slower Pace in 2021¶
(Laurel Sykes) - While the need has certainly been no less urgent as small businesses continue to battle stay-at-home orders and local orders for modified operations in accordance with state mandates, the speed at which this latest appropriation of Paycheck Protection Program (PPP) loan funding is…
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Cost vs. Quality¶
(Idea Vault Blog) - Whether you’re standing in front of a shelf at the grocery store, shopping online, or even walking around a car dealership, you may wonder: Do I go for the “nicer,” more expensive option or choose the cheaper one to save some money? At the end of the day, what you’re really deba…
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65% of PPP Funds Remain as of February 7¶
(Laurel Sykes) - We wrote previously about delays in approvals on new PPP loans as a result of the new compliance checks put in place by the SBA to prevent against potential fraud. Just yesterday, the SBA announced a lender training to cover updates to their new Procedural Notice on revised PPP pla…
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Reducing Your Food Bill¶
(Idea Vault Blog) - Buying food is essential, of course, but if you’re not careful, it can also eat into your budget.
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SBA Issues New Interim Final Rule Revising PPP Loan Calculation for Self-Employed Individuals¶
(Laurel Sykes) - You may have heard that the Biden administration mandated certain reforms to the PPP eligibility rules. The administration also pushed for a 2-week window where only small businesses with 20 or less employees will be approved by the SBA through March 9, 2021. In response to the man…
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Teaching Children About Money¶
(Idea Vault Blog) - April is National Financial Literacy Month so we are focusing this month on topics around healthy spending, saving and more. Today's topic? How to teach kids about money. Whether to your own children, grandchildren, and nieces and nephews or the child of a close friend, one of…
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