A Small Business Owner's Guide to Funding Options Without a New PPP
28 Dec 2020
Though the Paycheck Protection Program (PPP) ended August 8, 2020—with a lack of clarity as to when it might be revived—businesses are still in need of capital.
Though more than 5 million PPP loans have been approved, accounting for $525 billion, according to data from the Small Business Administration (SBA), it’s still not enough.
House Democrats propose allowing second loans to small businesses but with some restrictions: They must have fewer than 200 employees and have experienced a 25% reduction in quarterly revenue year-over-year due to the pandemic.
Nonetheless, in advance of waiting for a stimulus package to be passed—and even if it does— businesses should consider any additional alternatives.
Many passers-by on busy U.S. Highway 69 have been curious about large-scale dirt work and building construction that has been ongoing between Forest City and Leland since July. It is a long-anticipated relocation and expansion of Swanson Trucking, a third generation family-owned trucking business that just keeps growing...
Winnebago Industries recently reported increased revenues of $793.1 million for the first quarter of fiscal year 2021. According to a company release, that is an increase of 34.8 percent compared to $588.5 million for the same period in fiscal year 2020 that included three weeks of Newmar performance...