As of Friday, April 3, the Small Business Administration has opened up the Paycheck Protection Program loan applications. The application can be downloaded here. A few things to note: Please be patient with banks as they only just received guidance
It is important to remember that you should consult your local lender to determine which loan, the Economic Injury Disaster Loan or the Paycheck Protection Program Loan is best for your business. Overview of the Paycheck Protection Program (PPP)
Overview of the Paycheck Protection Program (PPP) The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. Sample Application Form The SBA has provided a sample Application
View Archived Video Presentation Download: Presentation or the Cash Flow Spreadsheet RMA hosted a one-hour conversation with Village Bank's Bill Foster, to equip business owners and decision-makers with helpful knowledge and tools for leading your organization through the COVID-19 crisis. PRESENTER Bill Foster, President
View Recording The session covered best practices for remote environment set-up, business continuity suggestions, and a review of how cloud-based phone platforms support remote deployments.
U.S. Chamber of Commerce Guide & Checklist The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative
Status: Actively accepting applications MORE INFO Gov. Ralph Northam said Tuesday that he has directed the commissioner of the Virginia Employment Commission to waive the one-week waiting period for people to receive unemployment benefits as well as the normal requirement that