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 | 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 | Apr 25, 2020 | Blog Post, Finance
Business Owners – this is for you! PPP and EIDL funding updates: As of Friday, April 24th, Congress has approved a bill for additional funding of $310 billion for the Paycheck Protection Program (PPP). Therefore, if you did not receive funding from the first round,...
by Mettise | Mar 29, 2020 | Blog Post, Finance
Business Owners – this is for you! Managing through the crisis – here are the latest updates. Economic Injury Disaster Loan (EIDL): This program has been available for over a week, and you apply directly on the SBA website. The loans are...
by Mettise | Mar 20, 2020 | Blog Post, Finance
The Mettise Group met with the Small Business Administration (SBA) yesterday morning on Economic Injury Disaster Loans (EIDL). While the State of Oklahoma’s disaster status is still being processed, we expect that this tool will be available soon. To apply:...
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