Paycheck Protection Program
The U.S. Small Business Administration (SBA) announced that it plans to begin a tiered opening for round 2 of the Paycheck Protection Program (PPP).
January 11: Community Financial Institutions able to make first-draw PPP loans
January 13: Community financial institutions able to make second-draw PPP loans
January 15: Small lenders ($1 billion or less in assets) able to make first and second-draw PPP loans
January 19: All lenders able to make first and second-draw PPP loans
By Michael Burns, courtesy of SBAM Approved Partner ASE On January 6, 2021 the DOL published its final rule to help employers determine whether workers can be legally treated as […]
By Anthony Kaylin, courtesy of SBAM Approved Partner ASE When the Consolidated Appropriations Act (CAA) was signed on December 27, 2020, it did not just fund government for the 2021 […]
Become a Certified Small Business
Small businesses with fewer than 500 employees and annual revenues equal to or less than $25,000,000 are eligible to be ‘certified small’ by the Small Business Association of Michigan. This certification can help set your business apart in the marketplace and add credibility to your name and/or brand.
Call to Action
Safely Reopen Michigan
As the Governor’s latest extension mandating business closures is about to expire, now is the time to reach out and have your voice heard before she decides on whether or not to extend it again. Right now it is restaurants and bars, plus severe additional limitations on theaters and bowling centers. It could be any industry next time. No matter what industry you are in, please take action now and urge Governor Whitmer to provide safety guidelines for businesses that have had mandated closures so they can begin safely reopening.
Many companies have been on a roller-coaster since March, with multiple factors affecting their ability to conduct business-as-usual. Learn from Marketing Expert Lynne Golodner the 3 tried and true tools […]