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    PPP Update: Summary of Emergency Coronavirus Relief Act

    Posted by Alan Greenwell on Dec 18, 2020 1:41:34 PM

    Below is a summary of the proposed details on the Emergency Coronavirus Relief Act that was recently released. The proposed legislation includes significant updates to the Paycheck Protection Program (PPP). If approved, the bipartisan bill will make $267.5 billion additional funds available for PPP loans and $13.5 billion for Economic Injury Disaster Loans also overseen by the Small Business Association.

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses

    PPP Loan Questionnaires Released for Borrowers of Over $2 Million

    Posted by Alan Greenwell on Nov 2, 2020 4:19:26 PM

    The Small Business Administration (SBA) published in late October that it will begin issuing loan necessity questionnaires to Paycheck Protection Program (PPP) borrowers with PPP loans of over $2 million. The loan necessity questionnaires will be utilized by the SBA to review the PPP borrower’s good-faith certifications of economic need. There are two versions of the questionnaire: Form 3509 that will be used by for-profit borrowers, and Form 3510 that will be used by non-profit borrowers.

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses

    The JobsOhio Inclusion Grant is Here

    Posted by Kari Brooke on Oct 12, 2020 3:40:40 PM

    The JobsOhio Inclusion Grant has been getting off the ground the past month and may provide up to $50,000 in grant money for eligible projects.

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    Topics: ohio, workplace productivity, Management, 2020, Small Businesses, Businesses, JobsOhio, Grant

    Updated Ohio TechCred Program Open AGAIN!

    Posted by Kari Brooke on Oct 1, 2020 3:44:39 PM

    The Ohio TechCred Program is open again and employers once again DO NOT have to identify specific employees (current and/or prospective employees) on the application this round. The employees will need to be identified when filing for reimbursement. This makes the program much more flexible for employers that know what credentials/trainings will be needed but are not sure which employees will be receiving those credentials/trainings!

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    Topics: ohio, workplace productivity, Management, TechCred, 2020, Small Businesses, Businesses, Training

    Updated Ohio TechCred Program Open NOW

    Posted by Kari Brooke on Aug 12, 2020 10:12:53 AM

    The Ohio TechCred Program is open again and employers DO NOT have to identify specific employees (current and/or prospective employees) on the application this round. The employees will need to be identified when filing for reimbursement. This makes the program much more flexible for employers that know what credentials/trainings will be needed but are not sure which employees will be receiving those credentials/trainings!

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    Topics: ohio, workplace productivity, Management, TechCred, 2020, Small Businesses, Businesses, Training

    Congress Approves Favorable Changes to PPP

    Posted by Alan Greenwell on Jun 4, 2020 12:13:42 PM

    On Wednesday evening, the U.S. Senate approved H.R. 7010, a bill that will dramatically change critical terms to the Small Business Administration's Paycheck Protection Program, providing much needed relief for borrowers.

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses

    Ohio DSA Launches Two More Grant Programs to Help Small Businesses

    Posted by Kari Brooke on Jun 3, 2020 3:12:28 PM

    The Ohio Development Services Agency has created two new grant programs to help small businesses recover from the impact of the COVID-19 pandemic. These programs are targeted to help small businesses that have disproportionately been affected by closures, or have pivoted to help end shortages of protective medical gear. The two grants are funded by federal CARES Act stimulus funds.

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    Topics: ohio, workplace productivity, Management, 2020, Coronavirus, COVID-19, Small Businesses, Businesses

    SBA Loan Forgiveness: Application & Instructions

    Posted by Alan Greenwell on May 18, 2020 3:07:21 PM

    On Friday, May 15, 2020, the U.S. Small Business Administration released the much-anticipated application and instructions for how Paycheck Protection Program borrowers can see their loans forgiven.

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

    Question & Answer: "How will SBA review borrowers’ required good-faith certification...?"

    Posted by Alan Greenwell on May 14, 2020 12:20:28 PM

    "How will SBA review borrowers' required good-faith certification concerning the necessity of their loan request?"

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

    Paycheck Protection Program: Additional Funds Available

    Posted by Alan Greenwell on Apr 27, 2020 9:17:31 AM

    On Friday, April 24, 2020, the President signed into law a $484 billion relief bill called the Paycheck Protection Program ("PPP") and Health Care Enhancement Act with additional funding for PPP, Hospitals, and Testing. 

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

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