NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
The U.S. Small Business Administration has released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less that allows borrowers to self-certify they used the money appropriately and receive complete forgiveness. According to attorney Scott Borsack, a partner at Szaferman Lakind in Lawrenceville, the new loan forgiveness application form (3508S), […]
Two CEOs of healthcare and financial institutions who have successfully led their organizations during a pandemic that has upended business models discussed their greatest challenges, lessons learned, and the future of their industries during NJBIA’s “Inside the C-suite” webinar Monday. Gary Horan, CEO of Trinitas Regional Medical Center in Elizabeth, and Kevin Cummings, CEO of […]
New Jersey business owners hoping to qualify for forgiveness of their Paycheck Protection Program loans should pay attention to a few key provisions of the federal government’s online application that could increase their odds of success, according to attorneys from Archer Law. In an NJBIA webinar on Wednesday, attorneys Tim Cunningham and David Weinstein said […]
More than 1,000 employers with questions about their Paycheck Protection Program loans tuned into a recent NJBIA webcast with attorney Scott Borsack for the answers, including the latest federal guidance on the esoteric “necessity certification” that could jeopardize loan forgiveness for some businesses. The $670 billion in business loans available under the federally backed program […]
The federal tax reform law created a new business income deduction for 92% of businesses in the United States, and during a recent NJBIA webinar, an expert from Putnam Investments walked small businesses owners through the details so they don’t miss out on it. The recent reduction of the corporate tax rate from a marginal […]
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