by Mettise | Jan 11, 2021 | Blog Post, Finance
The Second Draw of the Paycheck Protection Program (PPP) is opening up this week. The eligibility test is different than the first round. You are eligible for the program if your gross receipts in one calendar quarter of 2020 are down at least 25% compared to the same...
by Mettise | Jul 17, 2020 | Finance
A bill has been introduced to the Senate that would allow for the automatic forgiveness of Paycheck Protection Program (PPP) loans under $150,000. Named the Paycheck Protection Small Business Forgiveness Act, this bipartisan legislation would require businesses to...
by Mettise | Jul 9, 2020 | Blog Post, Finance
An additional $50 million has been allocated toward the Oklahoma Business Relief Program (OBRP). Applications for Phase 2 of this grant program begin at 8 am on Tuesday, July 14th. Businesses and non-profits who have suffered at least a 25% decline in revenue due to...
by Mettise | Jun 26, 2020 | Blog Post, Finance
Beginning Monday, June 29th, applications will be open for the new Oklahoma Business Relief Program (OBRP) that will award grants of up to $25,000 per business. Governor Kevin Stitt has allocated up to $50 million in funds from the federal CARES Act to be disbursed to...
by Mettise | May 26, 2020 | Blog Post, Community, Growth, Working Well
Connection. It’s one of Mettise’s core values and what our clients tell us they love about us. And, like you, we are struggling with how best to foster connection during these uncertain times. Fostering connections may feel like a HUGE responsibility right...
by Mettise | May 21, 2020 | Blog Post, Finance
A bipartisan measure amending the Paycheck Protection Program (PPP) will be voted on next week in the House of Representatives. Amending the Paycheck Protection Program to assist small businesses with more forgiveness has bipartisan support in both the House and...
by Mettise | May 16, 2020 | Announcements, Blog Post
NewView Oklahoma provides comprehensive low-vision rehabilitation services, meaningful employment opportunities and engaging community programs. The organization is currently hiring for multiple positions as follows: Customer Service Rep – Responsible...
by Mettise | May 15, 2020 | Blog Post, Finance
Business Owners – this is for you! Following the recent announcement that the Small Business Administration would review any Paycheck Protection Program (PPP) loans made in amounts exceeding $2 million, the agency issued guidance extending an automatic safe harbor to...
by Mettise | May 14, 2020 | Blog Post, Finance
Business Owners – this is for you! Some of Oklahoma City’s smallest businesses have a new source of financial help. Businesses with five or fewer employees located within designated Urban Renewal Areas may apply for a grant at ocura-ok.org for up to $10,000...
by Mettise | May 7, 2020 | Blog Post, Finance
Our last blog post announced that the IRS issued Notice 2020-32 indicating that expenses funded with forgiven PPP loan proceeds are not deductible. We believe this is contrary to the intent of the CARES Act. Yesterday, Senators Grassley and Wyden introduced...
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