We finally are at the end of the month of April! In my conversations, people either can’t believe that it went so fast or they feel like April was over a year long. Below is a link to the latest SBA FAQ updated on April 29th. The SBA makes an interesting point in number 31….
I was honored to give a presentation to the Goldman Sachs 10ksb alumni group, today. We reviewed the PPP Loan information along with the FFCRA information. If you have not been through this program and would like more information, we highly recommend it for all business owners. There is another class starting in the fall….
Great News today! Delta Administrative Services was informed late yesterday that we have been certified as a Women Owned Business! So proud of our majority owner, Teresa Lawrence. Louisiana like many other states have a plan to reopen. Governor Edwards had a press conference yesterday extending the state stay at home order until May 15th,…
Happy Monday! Hope you had a relaxing weekend! We have lots of clients that have received their funds for the PPP loans, and just as many others anxious to see if they make it in the next round of loans that go out starting today. It’s not an easy process and even more difficult if…
Hope everyone is ready for a relaxing weekend in quarantine, LOL. I thought to myself early this morning how blessed we are to have an essential business; I get to come to my office every day if I want to. Unfortunately, I can’t seem to get away from it. My thoughts were for the people…
Congress just passed the legislation increasing the funding for the SBA along with other new items. The President is supposed to sign it tonight or in the morning. Exciting evening if you are a football fan — the NFL draft is tonight! Here is some great news: many communities have started task forces to get…
Yesterday afternoon, the Senate passed the CARES Act 2 legislation, and we are waiting for the House to pass it and send it to the President for his signature. The SBA has not commented (at least that I am aware of) on when they will start taking the applications again. Stay in touch with your…
Big News! The bill increasing the amount of money available for the SBA PPP loans just passed in the Senate (download below). Now it must go to the House, then to the White House for the President’s signature. We suggest you get with your banker, if you did not get approved the first round, and…
If you have not yet contacted your representatives in Congress, please email them or send a letter as requested in our email Friday to push them to make more funds available to the SBA PPP loan program! If you have already sent in your request, thank you! A White House task force has put out…
Politico Reports that both the PPP and the EIDL loan programs will be given a boost for funding by Congress. Unfortunately, they continue to fight over the details. We are attaching 2 letters. The first is a suggested framework for a letter that we recommend each of you send to your respective representatives in Congress…
