VC Adventure
MAY 10, 2020
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. But, while very well-intentioned, it’s implementation has been flawed.
Feld Thoughts
APRIL 8, 2020
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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VC Adventure
APRIL 7, 2020
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 ).
YoungUpstarts
MARCH 30, 2020
If you’re looking to raise money from affiliates and peers and not take out a loan, then you should consider crowdfunding. The United States backed organization known as the Small Business Administration (SBA) has loans that are a great alternative to traditional bank loans. Online Crowdfunding. Online Loans.
Both Sides of the Table
APRIL 6, 2020
You need to: study the rules, make sure that you don’t violate the “affiliate rule” (more later), consult with your Company Counsel, consult with your board and investors and then make your own determination. Everybody is talking about the “Affiliate Rule”?—?what This is completely unrelated to the Affiliate Rule. what is that?
VC Adventure
MAY 14, 2020
As I wrote about at the beginning of the week, the SBA has made a mess of the Payroll Protection Program. Yes, there are some challenges to parts of the structure of the program , but I was referring in that post to the SBAs implementation of the program and the varied guidance they’ve given since the program’s launch.
Hearpreneur
FEBRUARY 8, 2023
I'm also a member of the Small Business Administration (SBA) and the U.S. 9- National Federation of Independent Business Photo Credit: Emir Bacic I am affiliated with the National Federation of Independent Business (NFIB). Chamber of Commerce, which offer valuable support and resources for small business owners.
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