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The SBA has now opened both the Targeted Economic Injury Disaster Loan (EIDL) Advance and the Supplemental Targeted Advance grants to all eligible business types. Forgivable grants of up to $10,000 were available for a time during 2020 to all businesses. Later, the Targeted EIDL was available to only agricultural businesses. Now all business types can apply if they have not yet done so, but they have to meet certain criteria in order to qualify. Those criteria are as follows:

The...

This week, the U.S. Small Business Administration (SBA) unveiled a now simpler application and process for Paycheck Protection Program (PPP) loan forgiveness, especially for loans that were less than $50,000. This new streamlined process makes it easier for both the business that received the loan, as well as the lender that issued it. The SBA and the U.S. Treasury Department continue to look at ways to make this process easier but still prevent fraud and/or misuse...

Did you know that more than half of Americans either work or own a small business? Or that small businesses employ two out of three net new jobs? Small businesses are vital to the economy and their local communities. This week is National Small Business Week and we are proud to show our support by spotlighting a few of the many small businesses and VGM members who are doing BIG things! VGM small business snapshot No. 1: MRS Homecare

Location: MRS Homecare, Inc. is an...