Funding

Deadlines, PPP and EIDL – Oh My!

This is not a drill! We cover all the recent updates and new information regarding tax deadline shifts – what is included and what is not, the second draw opportunity for the Paycheck Protection Program and the targeted EIDL advance application.

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Revenue is Vanity, Profit is Sanity and Cash is King

Beyond having a great idea, product, or service; beyond being able to lead a team; beyond being able to get your message out and generate attention; beyond doing the work… your business needs cash!

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Out of Money

When the SBA met its $349,000,000,000 (that’s billion, 9 zeros!) lending limit, 1.6 million small business owners received the SBA’s loan commitment. With more than 30 million small businesses in America, the $349B cap leaves a very wide gap between those businesses that will receive financial help to meet payroll over the next two months and those without a financial lifeline.

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Stephan P. McMahon & Company