USDA Provides Details of Coronavirus Food Assistance Program
USDA Provides Details of Coronavirus Food Assistance Program May 21, 2020 On April 19, 2020, the United States Department of Agriculture (USDA) announced details for the Coronavirus Food Assistance Program (CFAP). The program's purpose is to provide direct payment...
COVID-19: Bringing Analytics to the Forefront
By Zach Johnson, Data AnalystCOVID-19: Bringing Analytics to the Forefront We may not know it, but the pandemic has put us in a crash course example of the importance of data analytics. We’ve heard from leaders across the world that their decisions are being driven...
Coronavirus Stimulus Payments for Deceased Individuals
Coronavirus Stimulus Payments for Deceased Individuals May 18, 2020 Have you received a stimulus check on behalf of a deceased loved one and wondered if you should keep it or send it back? On May 6, 2020 the IRS released the correct answer: it needs to be sent back....
SBA Provides PPP Loan Forgiveness Application and Instructions
SBA Provides PPP Loan Forgiveness Application & Instructions May 20, 2020 Although loan forgiveness is one of the key features of the Paycheck Protection Program, guidance on forgiveness eligibility and information on how to seek forgiveness has been vague. On...
Update on PPP Good Faith Certifications
Update on PPP Good Faith Certifications May 13, 2020 Earlier today, the U.S. Small Business Administration (SBA) and U.S. Department of Treasury updated their FAQ document to address how good-faith certifications of companies receiving funds under the Paycheck...
Next Steps for Approved EIDL Applicants
Next Steps for Approved EIDL Applicants May 12, 2020 SBA seems to be progressing in processing the numerous Economic Injury Disaster Loans (EIDLs) that were applied for at the commencement of the COVID pandemic. Below is a refresher on the program that many small...
Updates and New Guidance on SBA Disaster Relief
Updates and New Guidance on SBA Disaster Relief May 11, 2020 The U.S. Small Business Administration (SBA) continues to update their FAQ document and provide additional guidance on the Paycheck Protection Program (PPP). Recently, the document was updated to address...
Ag Businesses Now Eligible for Economic Injury Disaster Loans and Grants
Ag Businesses Now Eligible for Economic Injury Disaster Loans and Grants May 5, 2020 The SBA has announced that agricultural businesses are now eligible for the Economic Injury Disaster Loan (EIDL) and EIDL Forgivable Advance programs. The application portal for these...
SBA Clarification on PPP Qualifications
SBA Clarification on PPP Qualifications April 30, 2020 HBE LLP has been monitoring the updates that the SBA has been releasing since it began funding the Paycheck Protection Program (PPP) and we have communicated those updates to you as we have become informed. The...
Additional Funding for Federal COVID-19 Loan Programs
Additional Funding for Federal COVID-19 Loan Programs Stimulus Package Replenishes PPP and EIDL April 24, 2020 Today, President Trump enacted the Paycheck Protection Program and Health Care Enhancement, the newest federal stimulus package aimed at providing economic...