by LAACPA | Jan 19, 2021 | News
Congress allocated $25 billion for rental assistance in the recently signed Coronavirus Relief Fund (link from our previous article) to help struggling Americans. This rental relief is an extension to the various rental assistance programs established under CARES Act....
by LAACPA | Jan 19, 2021 | News
2021 has just started and yet a lot of new policies and changes have already been launched to aid fellow business owners from the ongoing crisis. With tax season approaching, it is more important than ever to maintain a good standing for your business. Keeping...
by LAACPA | Jan 15, 2021 | News
The SBA has announced that applications for both first- and second-draw PPP forgivable loans will open today, January 15, for lenders with a maximum of $1 billion in assets. Lenders with larger assets will start accepting first- and second-draw loan applications on...
by LAACPA | Jan 11, 2021 | News
The SBA has announced that applications for both first- and second-draw PPP forgivable loans will open today, Friday, for lenders with a maximum of $1 billion in assets. Lenders with larger assets will start accepting first- and second-draw loan applications on...
by LAACPA | Jan 9, 2021 | News
On Wednesday, January 6, the Small Business Administration (SBA) and Treasury issued guidance regarding the Paycheck Protection Program (PPP). Two interim final rules (IFRs) are released to provide business owners more clarity on the changes of the program: 1....
by LAACPA | Jan 5, 2021 | News
As part of the Consolidated Appropriations Act of 2021 (CAA) signed by President Donald Trump, vital revisions were made to the Employee Retention Tax Credit (ERTC) making it more available to many small business owners this year. Originally, not many employers...
