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The SBA Needs To Get It’s Act Together On The PPP

VC Adventure

The SBA’s implementation of the Payroll Protection Program (PPP) has been a mess. In particular, the SBA has given inconsistent guidance that continues to change and evolve, leaving companies left to wonder if they qualify or not. The program’s original $349 billion was allocated between April 3 and April 16.

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Thoughts For VC Backed Companies Considering SBA/PPP Loans

Feld Thoughts

My partner Seth Levine recently put up an extremely thoughtful post titled SBA PPP Loans Aren’t for Everyone. However, the reality is that receiving a loan for your business means it isn’t going to another business that might also deserve the money so receiving a SBA loan does come at a cost to the broader small business community.

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SBA PPP Loans Aren’t for Everyone

VC Adventure

There’s a healthy debate going on right now at many VC firms about whether venture-backed companies should apply to the SBA’s Payroll Protection Program (The Information had a good article on this yesterday (paywall), and Albert Wenger from Union Square Ventures put up an excellent post on the subject here ).

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28 Entrepreneurs Reveal the Organization, Communities or Associations they Belong to That Help Support Their Business

Hearpreneur

One of the best ways to promote your business and increase its name recognition is by joining business organizations and/or communities or associations. For business owners under the age of 45, it provides access to a global network and instructional programming. I'm also a member of the Small Business Administration (SBA) and the U.S.