NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
About 35,000 businesses in New Jersey have received Paycheck Protection Program (PPP) loans from the Small Business Administration (SBA), which means some time after June 30 they will either have to start paying the loan back or get it forgiven. Obviously, loan forgiveness is the preferable option, but as has been widely reported already, that […]
There are two programs in the CARES Act intended to assist independent contractors respond to the economic conditions caused by COVID-19. These programs include a loan and grant program under the Small Business Administration and expanded unemployment provisions. Small Business Administration Paycheck Protection Program – The CARES Act creates a new loan program, the Paycheck […]
As it did during Superstorm Sandy, the federal government is extending unemployment benefits to those who typically are not eligible for unemployment—independent contractors, the self-employed, sole proprietors and those without sufficient work history. Unlike Superstorm Sandy, the coronavirus pandemic is going to have a lot more people in this category filing for benefits—to the point […]
If you’re self-employed, today is the day you can begin applying for the Paycheck Protection Program funding, and if yesterday’s NJBIA webinar on the subject is any indication, it’s best to do it quickly. The Paycheck Protection Program (PPP) was given $349 billion by Congress to provide income to businesses and their employees, but the […]
There are two programs in the CARES Act intended to assist independent contractors respond to the economic conditions caused by COVID-19. These programs include a loan and grant program under the Small Business Administration and expanded unemployment provisions. Small Business Administration Paycheck Protection Program – The CARES Act creates a new loan program, the Paycheck […]
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