Understanding the SBA Small Business Disaster Relief Loans The Winston Salem Chamber is hosting a virtual meeting with Levi Kinnard, SBA Economic Development Specialist with the North Carolina District Office: Wednesday, March 25, 10AM Dial in: (605)-313-6023 \\ Access Code: 80-52-93# Two New Refundable Payroll Tax Credits The U.S. Treasury Department, the IRS, and the U.S.… Read More »
Author: Greater Winston-Salem, Inc.
Covid 19 Updates for Monday, March 23
Local Relief Fund, SBA Loans & More
North Carolina Business Are Eligible for SBA Loans We are happy to share that the Small Business Administration (“SBA”) is now offering low-interest federal disaster loans for working capital to North Carolina small businesses suffering substantial economic injury as a result of the COVID-19. As we mentioned in yesterday’s update, Governor Cooper formally requested help… Read More »
Truist Announces COVID 19 Relief Measures
Truist Financial Corporation (NYSE: TFC) today announced its Truist Cares initiative to support the short-term and long-term needs of communities, clients and teammates in response to the COVID-19 pandemic. A pledge of $25 million in philanthropic support will aid in supporting basic needs, medical supplies, and financial hardship across the nation. Immediate Help for Critical Healthcare Organizations… Read More »
Changes to Unemployment & SBA Assistance
Knowledge and trusted information can keep Winston-Salem and Forsyth County businesses working together for a stronger community during the rapidly changing response to the Coronavirus. We’re working to share information in real time that can help you prepare to respond and mitigate effects on your business. Today’s updates include the information below we’re following to… Read More »
SBA Updates Criteria for Requesting Disaster Assistance Loans
As part of the Trump Administration’s aggressive, whole-of-government efforts to combat the Coronavirus outbreak (COVID-19) and minimize economic disruption to the nation’s 30 million small businesses, U.S. Small Business Administration Administrator Jovita Carranza issued revised criteria for states or territories seeking an economic injury declaration related to Coronavirus (COVID-19). The relaxed criteria will have two immediate impacts: Faster,… Read More »
Three Essential Contracts, Agreements & Policies to Review as Your Business Grows
Consistent risk assessment and management are essential for any successful business. As your business grows, regularly and carefully reviewing your business’s essential contracts and other important documents is necessary to ensure continued compliance with the law and avoid or prepare for litigation. Additionally, this review process can help you better understand the documents that control… Read More »