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by Ron WestJanuary 15, 2021 Seller Articles0 comments

Ownership Transition Survey Results

Mass Mutual Life Insurance produced an ownership transition survey back about a decade ago.  The survey results were based on feedback and answers from family-owned businesses.  It produced some very interesting results, and is worth examining even today.  While the survey at this point is quite outdated in terms of the timeline, there are still many valuable nuggets of information to be...
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by Diane LoupeJanuary 9, 2021 Affiliate members, Buying a Business, Economic News, SBA Loans, Uncategorized0 comments

SBA Bankers To Discuss New Small Business Aid at Jan. 26 GABB Meeting

Bankers with expertise in handling SBA loans will take questions about applying for the next round of Paycheck Protection Program (PPP) funding at the Jan. 26 virtual meeting of the Georgia Association of Business Brokers. GABB Affiliate Representative Kim Eells will lead a panel of SBA bankers who will take questions about the newest COVID relief package, including PPP. Eells is Senior Vice...
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by Diane LoupeJanuary 8, 2021 COVID-19, Economic News, SBA Loans, Uncategorized0 comments

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance The U.S. Small Business Administration, in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make...
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by Diane LoupeJanuary 4, 2021 COVID-19, Economic News, SBA Loans, Uncategorized0 comments

How To Determine Eligibility for Economic Aid

The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act is part of a the Consolidated Appropriations Act of 2021. This Act provides designed funding to support small business impacted by COVID-19. While some components of the program are similar to the CARES Act passed in March 2020, there are some key differences. In addition, the U.S. Small Business Administration (SBA) has...
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by Diane LoupeJanuary 4, 2021 Company News, COVID-19, Economic News, SBA Loans, Uncategorized0 comments

Economic Aid to Hard-Hit Small Businesses: Overview

OVERVIEW: Provided by the UGA Small Business Development Center ECONOMIC AID TO HARD-HIT SMALL BUSINESSES, NONPROFITS AND VENUES ACT CURRENT STATUS: Signed into Law on 12/27/2020 The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act is part of a the Consolidated Appropriations Act of 2021. This Act provides designed funding to support small business impacted by COVID-19....
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