#SBALoans Archives - Stellar Ledgers

The Right Time to Get a Business Loan

Oct 17, 2021 | Business Funding

In the lean, early years of running a business – that crucial time when most startups need capital – qualifying for a loan can be difficult. Step one is to build a solid credit rating, so a lender feels confident your company isn’t a high risk for repayment and can...

Paycheck Protection Program (PPP) Update

Jan 16, 2021 | Business, Business Funding, COVID-19, SBA, Small Business

Paycheck Protection Program (PPP) On January 8, 2021, the SBA announced that the Paycheck Protection Program (PPP) will re-open the week of January 11, 2021, for new borrowers and some existing PPP borrowers. The initial wave of loans issued on Monday, January 11, and...

The Paycheck Protection Flexibility Act of 2020

Jun 23, 2020 | Business Funding, COVID-19, SBA, Small Business

The Paycheck Protection Program (PPP) is designed to provide access to funding so businesses can keep paying their employees and other expenses such as health insurance premiums, rent or mortgage payments and utilities. This critical financial relief will help small...

The Economic Injury Disaster Loan (EIDL) and EIDL Advance application portal has reopened!

Jun 16, 2020 | Business Funding, COVID-19, SBA, Small Business

The SBA has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible small businesses, non-profits, and agricultural businesses experiencing economic impacts due to COVID-19 on June 15, 2020. SBA’s EIDL program offers...

CARES Act & SBA Disaster Loan Resources

Apr 2, 2020 | COVID-19, SBA, Small Business

The SBA and the U.S. Treasury Department have coordinated a massive effort with banks and lending institutions to assist small business owners with capital in their time of need. The Coronavirus global pandemic has put the cash flow of many businesses in a tail spin....