Business news and updates

Economic Injury Disaster Loan (EIDL) Program Reopens

On June 15, 2020, the Small Business Administration (SBA) announced new applications for the Economic Injury Disaster Loan (EIDL) and EIDL emergency grants are now being accepted. As reopening continues and the focus shifts to recovery, EIDLs can serve as a favorable and needed source of funding.

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More PPP Changes – New Forgiveness Applications

On June 17th, two streamlined PPP forgiveness applications were released including SBA Form 3508 and SBA Form 3508 EZ along with accompanying instruction guides. The new applications are designed to be borrower-friendly as they are less complex and much shorter than the original.

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The Role of Data Analytics in COVID-19 Recovery

As more and more states begin to reopen their economy, the COVID-19 conversation is shifting from survival to recovery. Through targeted data analytics, companies can access and analyze data to drive recovery planning. Here is a summary of important details.

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