Preparing Your Business for the New Normal

  |  July 27, 2020

If business owners have learned anything from dealing with the COVID-19 pandemic these past months, they know that being positioned for quick maneuvers and redirects is absolutely vital. Ensuring that key processes are recorded and supported has become critical not only to managing the business, but also to making adjustments and adapting to changing external conditions. Read more. Read More

Small Businesses: Consider Economic Injury Disaster Loans (EIDLs)

  |  July 13, 2020

In the distress of the pandemic, one source of economic aid may not be getting enough attention from small businesses: the Economic Injury Disaster Loan (EIDL). Like a Paycheck Protection Program (PPP) loan, the EIDL is provided by the U.S. Small Business Administration. In an interview, REDW Principal Brian Foltyn provides some quick, essential highlights about EIDLs. Read more. Read More

New Guidance on PPP Early Loan Forgiveness

  |  June 24, 2020

Paycheck Protection Program recipients choosing to extend their covered period, may apply early for loan forgiveness, but doing so could cost them money. In consultation with the Treasury, the U.S. Small Business Administration addresses various issues related to the PPP in a 34-page interim final rule (IFR) issued Monday night, June 22. Read more. Read More