Uncategorized Archives - SBA PPP Loan

How to Calculate Your PPP Loan as a Sole Proprietor, Independent Contractor, or Self-Employed Individual

Gig Workers Eligible for PPP

Did you receive a 1099 in 2019 or 2020? You’re eligible for PPP! The SBA released a big change to the PPP program in early March that impacts gig workers and self-employed individuals. Not only does it make PPP loans more accessible, but this rule also permits larger loan requests for the smallest of businesses. […]

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Paycheck Protection Program Changes Will Help More Small Businesses Get PPP Loans

On Monday, February 22, President Biden announced changes to the Paycheck Protection Program that will help more small businesses get funding. The goal is to get more PPP Loans into the hands of the smallest business across the country and expand some of the criteria for recipients eligible for the relief funds. PPP Changes March […]

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Self-Storage Facility Owners, Apply for a PPP Loan Now with Liberty SBF

The latest round of Covid-19 economic relief from Washington DC is available to independent mini storage or self-storage operators suffering from the fallout from Covid-19, enabling businesses to pay staff and cover operating costs. Round 2 of PPP for Mini-Storage Eligibility in 2021 If your self-storage business took a Paycheck Protection Program (PPP) Loan during […]

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Healthcare Facility & Medical Practice Owners, Apply for a PPP Loan Now with Liberty SBF

Healthcare-Worker

The latest round of Covid-19 economic relief from Washington DC is available to independent healthcare operators that are suffering from the economic fallout from Covid-19 to pay staff and cover operating costs. This includes assisted-living facilities, skilled-nursing facilities, and professional medical practices like dentists, orthodontists, and primary care doctors. PPP Loans for Healthcare Facilities & […]

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Restaurant Owners, Apply for a PPP Loan Now with Liberty SBF

Another round of Covd-19 relief has been approved by the federal government, allowing hard-hit restaurant and bar owners to apply for second-draw Paycheck Protection Program (PPP) Loans. Food Service Industry Paycheck Protection Program Options Restaurant owners who were forced to close their doors or seriously restrict services have been especially impacted throughout the pandemic. New […]

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PPP Loan Forgiveness Changes with New Act

The new 2021 Coronavirus stimulus legislation not only allows for $285 billion in additional Paycheck Protection Program (PPP) funds to be disbursed through approved lenders like Liberty SBF, but also updates loan forgiveness rules as well. In 2020, Liberty SBF facilitated over 3,200 loans in the sum of more than $350 million in the first […]

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Second Draw PPP Loan Updates for Small Business Owners

In 2021, a second round of Paycheck Protection Program (PPP) funding gives small businesses another chance at stimulus relief as the country continues to battle the effects of Covid-19. The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act approved by Congress and signed into law by President Donald Trump allocates $285 billion for […]

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How Banks Can Refer Second Draw PPP Loans to Liberty SBF

If your borrower needs a first or second PPP loan, refer to Liberty SBF and earn a fee. As an approved direct Paycheck Protection Program Lender, we’re accepting applications for individual or portfolio PPP loans on behalf of qualified U.S. small businesses. Congress has approved $285 billion to provide an additional round of relief funds […]

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