COVID-19 Loan Information

President Trump signed legislation on July 4 extending the deadline for small businesses to apply for Payment Protection Program loans to Aug. 8, reports The Hill.

President Trump signed into law H.R. 7010, the “Paycheck Protection Program Flexibility Act of 2020,” on June 5, which modifies certain provisions related to forgiveness of loans under the Paycheck Protection Program and allows loan forgiveness recipients to defer their payroll taxes.

The Small Business Administration’s Paycheck Protection Program offers much-needed emergency financing for companies affected by the COVID-related economic downturn. However, the program has introduced numerous questions among business owners, many of whom are now concerned about available…

During an April 22 webinar from the National Glass Association, financial expert Marco Terry, managing director of Commercial Capital LLC, provided an overview of emergency financing options for companies. Terry noted urgent funding available for companies in addition to options for short- and mid-…

The economic fallout from the coronavirus pandemic has hit many glass companies hard. During an NGA webinar, April 22 at 1 p.m. ET, financial expert Marco Terry will help owners navigate financing options to help businesses today, tomorrow and once the crisis has passed.  

In an upcoming April 22 webinar from the National Glass Association, financial expert Marco Terry will provide insights on emergency financing options for companies during the COVID-19 crisis.

To assist businesses during the COVID-19 crisis, there are two intriguing Small Business Administration loan programs that are part of the new CARES Act signed into law on March 27, 2020.

The U.S. Small Business Administration developed guidelines to help companies seeking financial assistance in the wake of COVID-19.

The Cares Act economic provisions include broad assistance and incentives to shore-up businesses and institutions impacted by the COVID-19 pandemic.

President Trump signed into law the $2 trillion stimulus package, which was approved by the U.S. House of Representatives on Friday, March 27, as reported in the New York Times. The measure was approved unanimously by the Senate on Wednesday.

Four strategies for glass company owners to handle this situation and limit the financial damage to their business.