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Capitol Hill Speaking Engagement
Summary of Keypoints Event: Capitol Hill speaking engagement involving Jennifer Eubanks. Date: June 11. Participants: Jennifer Eubanks attended meetings with members of Congress alongside a group of Goldman Sachs 10,000 Small Businesses (10KSB) graduates. Purpose: To share real-world stories and perspectives of small businesses directly with congressional representatives. Policy focus: Advocacy in support of Paycheck…
Read MoreGMU – Corporate Tax Implications of COVID-19
Summary of Keypoints Event: Corporate Tax Implications of COVID-19 presentation hosted by George Mason University (GMU). Date and time: May 28, 2020, at 2:00 PM. Format: Moderated discussion led by Christine Landoll. Panelists: Jennifer Eubanks, Stephen Lawson, and Lina Ivanova. Focus: Examination of the effects of COVID-19 on corporate taxes, highlighting tax-related challenges and implications…
Read MoreSmall Businesses Suffer with SBA Out of Funds
Summary of Keywords PPP funding exhaustion: On April 16, the U.S. Small Business Administration announced that the $349 billion Paycheck Protection Program (PPP) funds authorized under the CARES Act were fully exhausted, halting acceptance of new applications after just 14 days. Application timing challenges: Several major banks, including Capital One and Wells Fargo, opened application…
Read MoreIRS Extends More Tax Deadlines
Summary of Keypoints Deadline relief announcement: The IRS extended all federal tax filing and payment deadlines falling between April 1, 2020 and July 15, 2020 to July 15, 2020 for all taxpayers. Estimated tax payments included: Quarterly estimated tax payments, including those normally due on June 15, 2020, may be paid by July 15 without…
Read MoreCapital One still not accepting applications for the Paycheck Protection Program
Summary of Keypoints Capital One status: Capital One was not accepting Paycheck Protection Program (PPP) applications while many other banks had launched online application portals. Impact on customers: Businesses banking with Capital One were forced to seek alternative lenders to submit PPP applications. Alternative lenders listed: Forbes published a list of banks and fintech companies…
Read MoreGoogle Tells us Who is Moving Around
Summary of Keypoints Source of insights: Google’s COVID-19 Mobility Reports provide location-based data showing how movement patterns changed across communities during the pandemic. Behavioral trends: The data indicates that people are moving around less and staying home more, reflecting responses to stay-at-home and shelter-in-place orders, though compliance varies. Workplace reality: The report highlights that working…
Read MoreWhat’s the Status of Your Economic Injury Disaster Relief Loan (EIDL)?
Summary of Keypoints EIDL application status: Full EIDL applications with numbers starting with “2” that are marked in review are currently frozen, with no processing timeline provided by the SBA. $10,000 advance priority: The SBA is only processing EIDL $10,000 advances at this time; these applications generate numbers starting with “3” and do not receive…
Read MoreStep by Step Guidance and Application Forms – A Small Business Owner’s Guide to the CARES Act
Summary of Keypoints Primary resource provided: The post directs readers to a U.S. Chamber of Commerce CARES Act step-by-step guide for detailed instructions on how small business owners can access federal assistance. PPP application support materials: It includes downloadable documents to help business owners understand and complete the Paycheck Protection Program (PPP) process. Included PPP…
Read MoreInterest on all student loans held by the Federal Government Waived due to COVID-19
Summary of Keypoints Relief measure announced: Interest on all student loans held by the Federal Government was waived due to COVID-19, providing temporary financial relief to borrowers. Eligibility confirmation: Borrowers are instructed to contact their loan servicer online or by phone to confirm whether their loans qualify for the interest waiver. Finding your loan servicer:…
Read MoreComprehensive List of Private and Public Loans, Grants, and Financial Support for Small Businesses
Summary of Keypoints Purpose of resource: The post highlights financial relief efforts launched in response to COVID-19 by federal, state, local governments, and private organizations to support small businesses. Compiled by Gusto: Gusto created a comprehensive, centralized list of available loans, grants, and financial support programs. Scope of assistance: The resource includes both public and…
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