The Summerland Advocate-Messenger - Reliable, Trustworthy Reporting, Capturing The Heartbeat Of Our Community

By Kim Preston
Journalist 

Small business help in navigating the remainder of 2020

 

November 12, 2020

With a crazy 2020 almost on the books, let’s take a look at the opportunities your business has had available and what you need to do to cross the finish line on Dec. 31.

Have you spent your Payment Protection Program dollars? This Small Business Administration loan program is closed and now is the time to seek forgiveness.

According to the SBA, borrowers may be eligible for loan forgiveness if the funds were used for eligible payroll costs, payments on business mortgage interest payments, rent or utilities during either the eight- or 24-week period after disbursement.

A borrower can appl...



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