Now is the time to prepare for the road to recovery. With changes constant and released guidance on-going, lean on Sax to stay in the know with the most recent updates made to the relief programs, forgiveness clarifications, best practices for securing aid, and more.
The SBA is targeting early April to launch a phased rollout of the $28.6 billion Restaurant Revitalization Fund that was established by the American Rescue Plan Act. Read more here.
Beginning with the week of April 6, 2021, the Small Business Administration will increase the amounts for-profit and non-profit entities can borrow under the Economic Injury Disaster Loan Program. Read more here.
The SBA has issued interim final rules surrounding the impact of the American Rescue Plan Act on the Paycheck Protection Program. Read more here.