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 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 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...
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