The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the SBA is raising the loan limit...
An overlooked source of cash for New York manufacturers is the Research and Development (R&D) tax credit. This incentive helps companies to grow by reducing its tax liability for qualified R&D expenditures. Most manufacturers are unaware that their efforts...
On March 11, 2021, President Biden signed the American Rescue Plan Act into law, which provides additional relief for the nation’s small businesses and hard-hit industries for programs the Small Business Administration (SBA) is currently administering and adds new...
Businesses with fewer than 20 employees will have exclusive access to the Paycheck Protection Program (PPP) for 14 days starting February 24th. This will give lenders and community partners more time to work with the smallest businesses to submit their applications,...