Skip to content Skip to left sidebar Skip to right sidebar Skip to footer

Month: April 2020

House Passes Coronavirus Relief Bill

Last night, the House of Representatives passed the Paycheck Protection Program and Health Care Enhancement Act. Below is a summary from the office of Ohio Congressman Bob Gibb’s office. + Paycheck Protection Program and Health Care Enhancement Act: Provides an additional $310 billion in PPP loans: $30 billion in guaranteed loans for lenders with less than $10 billion in assets. $30 billion in guaranteed loans for lenders with $10 billion to $50 billion in asset.

Read More

OhioSE COVID-19 Business Update #7

We normally send COVID-19 updates on Monday morning but wanted to pass along some timely information: The SBA’s Paycheck Protection Program (PPP) is expected to receive another $310 billion this week for loans to small businesses. This money will go fast. For small businesses that might struggle with the PPP application process, this video put together by the Ohio Small Business Development Center (SBDC) network, contains tips on what you should be prepared for. Please share as appropriate. 

Read More