Category Archives: Business Tips

SBA Announces Official Restaurant Revitalization Fund Application and Guidelines

SBA Announces Official Restaurant Revitalization Fund Application and Guidelines Economic Relief Prioritized for Underserved Communities   WASHINGTON – SBA Administrator Isabella Casillas Guzman today announced key details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund (RFF). The restaurant industry has been among the hardest-hit sectors during the economic downturn caused […]

Reopening Guideline Updates & Resources as of 3.31.21

NYS COVID-19 Response and Vaccine Information NYS Excelsior Pass is Now Live This free and voluntary app utilizes secure technology to confirm an individual’s vaccination or recent negative COVID-19 test and could be a critical tool in our sector’s reopening. Developed with IBM, the Excelsior Pass is the first app of its kind in the […]

Business Interrupted: SBA, Treasury Issue Guidance on PPP Flexibility, New Application Form for Borrowers

The Small Business Administration and Treasury Department late Wednesday released an interim final rule to reflect changes made by H.R. 7010, the Paycheck Protection Program Flexibility Act. SBA also published updated, streamlined application forms for borrowers and lenders to use for loans made on or after June 5, 2020. The interim final rule codifies several changes […]

FROM THE SBA

“We now have a web page where everything you need to know about PPP is available to lenders, borrowers, and an  updated lender locator.  That site is www.sba.gov/paycheckprotection.  You can send borrowers who want to know how to participate, lenders who want info, and the lender locator.   EIDL loan dollars should start to be disbursed Today […]