PPP Loans Are Being Issued Again
Has your small business been stretched to the limits by COVID-19? Thankfully, the Paycheck Protection Program has been renewed by the Economic Aid Act. A second round of PPP loans was opened on January 11, 2021 and you can now apply.
If you need a loan to keep your business afloat, Crunch Consulting is here to assist you with the application process. Call us at (888) 91-CRUNCH or use the contact form below to get started.
Who Qualifies for PPP Loans?
Eligibility for loans has been broadened since the first round went out with the CARES Act last March. Any business that did not receive loans last year may apply now. Our accounting experts can make sure your application includes everything you need to have the best chance of success.
Of course, many businesses that did receive assistance have continued to struggle during the pandemic. If you received PPP loans last year and you have experienced a 25% reduction in revenue for at least one quarter in 2020 compared to 2019, you may qualify for additional assistance. We’re here to answer any questions you may have.
Don’t Leave Money on the Table
The Economic Aid Act provides $284 billion in funds for the Paycheck Protection Program, including $12 billion for minority-owned and very small businesses. If the COVID-19 pandemic has affected your bottom, don’t miss this opportunity to receive some much-needed relief. Let us handle the application process so you can focus on running your business.
Crunch Consulting offers expert services in accounting and tax preparation. We’ve been helping businesses stay afloat during the pandemic by assisting with loan applications, budgeting, financial reports and more. Contact us to discuss what we can do for you.