William Rogers Company Blog

The SBA recently made the announcement below about the reopening of the Economic Injury Disaster Loan (EIDL) program. This is a different announcement than the recent update on the Paycheck Protection Program, which is a forgivable loan. The EIDL is a fixed rate, long-term loan to help businesses hurt by the coronavirus crisis cover general… Continue reading Update: SBA Reopened The Economic Injury Disaster Loan (EIDL)

If you need help with living expenses during the COVID-19 crisis, the US Government has several programs and options available to you. USA.gov has the following assistance available: Rent assistance Student financial aid Aid to military vets and families Help with food and bills Social Security and Retirement Cutting Personal Expenses During COVID-19 In addition… Continue reading Get Help With Living Expenses During COVID-19

If you’re recently out of work due to COVID-19, you’ll want to check our OnwardCA (part of OnwardUS). They provide a smart, simple way to connect with assistance resources based on your specific situation. Losing a job can put you and your whole family in a real bind. You may need help with job transition… Continue reading Out of Work? OnwardCA Offers Resources to the Unemployed

Many aspects of unemployment are handled at the state level, including the length of benefits, etc. Your eligibility will also filter through your state, so be sure to start there. The key part of the CARES Act unemployment provisions is that the $600 weekly benefit is available to just about everyone, including independent contractors and… Continue reading Pandemic Unemployment Assistant: The CARES Act

While the rate of increase in unemployment filings actually decreased recently, the national unemployment rate is still over 13%. This has many of those who are currently unemployed wondering if the additional $600 in weekly benefits will run out, or if Congress will extend those benefits.  When Do Unemployment Benefits Run Out? So, does the… Continue reading COVID Unemployment Extension: When Does it Run Out?

Do you currently have an SBA 7a Loan through your bank with the SBA? If so, you can use this program, and the SBA will actually make your loan payments, including interest, for six months. And even better news is that you don’t even need to apply for this. The SBA will automatically apply the… Continue reading SBA Resources: Debt Relief

The SBA Express Bridge Loan is a fast, short-term solution for small businesses with SBA loans to get up to $25,000. The money from these loans can be used to assist the business that is losing revenue due to the coronavirus crisis. It can also be used to help while waiting on another loan to… Continue reading SBA Resources: The SBA Express Bridge Loans

The SBA has already issued over $1.4 billion in EIDL funds in the state of California alone. The Economic Injury Disaster Loan is a small loan, up to $10,000, to small agricultural business owners who are currently affected by economic conditions due to the coronavirus. If your business has seen a drop in sales or… Continue reading SBA Resources: The Economic Injury Disaster Loan (EIDL)

As Congress continues to craft and vote on new stimuli programs, the Paycheck Protection Program continues to be the foundation of help for small businesses. These loans are SBA 7a Loans. However, as long as the funds are used for keeping or rehiring employees, the loan is forgivable. What is the PPP? Here is how… Continue reading SBA Resources: The Paycheck Protection Program (PPP)

What is the Small Business Relief Initiative? The Small Business Relief Initiative is a program created by GoFundMe to leverage its powerful donation platform to help small businesses who are struggling during the COVID-19 financial crisis. They are joined by other businesses, including Yelp, Intuit QuickBooks, GoDaddy, and Bill.com. Each of those companies has made… Continue reading COVID-19 Relief Series, Part 4: Small Business Relief Initiative