A data breach at the agency tasked to provide financial assistance to small businesses during the COVID-19 pandemic has exposed sensitive data of approximately 8,000 small businesses. As a result, a delay in payouts is expected. The Small Business Administration (SBA), which oversees the Economic Injury Disaster Loan (EIDL) program, has notified applicants of the potential…
Small Business Info Exposed in SBA Data Breach Read More
The White House and Congress have reached a deal for additional funding to replenish the exhausted small business loan program. Since the program launched, small businesses have feverishly applied for the SBA and Paycheck Protection Program (PPP) loans. The details of the package are forthcoming. However, it’s anticipated to include up to $310 billion for
Deal Reached to Replenish Small Biz Loan Program Read More
Still, waiting on your IRS stimulus check? Well, if you’re getting a payment status “Not Available” error, we have the answer! The task of sending out checks to so many millions of people is a herculean task. One that comes with an unimaginable amount of paperwork! So processing all that data takes and hiccups are
Getting a Payment Status “Not Available Error” Message? Read More
The $349 billion in funding set aside for small businesses as part of the Paycheck Protection Program (PPP) has been exhausted. That’s according to the Small Business Administration (SBA). Furthermore, they are not accepting any more applications for PPP loan program. Loan applications received by banks that haven’t been sent to the SBA will not
Funding for Paycheck Protection Program is Exhausted Read More
The first round of IRS stimulus checks is set to arrive this week. However, millions of Americans who are still waiting can follow these steps to get their checks sooner. Checks, totaling $1,200 for qualifying individuals, with banking data on file with the IRS will be among the 80 million who will get checks first.
Get Your IRS Stimulus Check Faster! Read More
If you ask Dr. Anthony Fauci, the government’s top infectious disease expert, he’ll tell you that until the U.S. implements critical testing and tracing procedures. we cannot get fully back to business. “We have to have something in place that is efficient and that we can rely on, and we’re not there yet”. With approximately
Key Steps to Re-Starting the U.S. Economy Read More
Google joins the long list of big businesses offering a hand to small biz owners affected by COVID-19. Earlier in the month Fingercheck reported that Facebook, YELP! and Amazon, each initiated efforts to offer financial support small businesses. Now, Google CEO, Sundar Pichai has announced a new $800+ million commitment to support them along with
Google Commits $800M to COVID-19 Affected Small Biz Owners Read More
Fingercheck’s recent platform update has made it easier for payroll clients to obtain a Small Business Association (SBA) loan from the Federal Government. The recently passed Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid Relief and Economic Security (CARES) act are each, aimed at assisting struggling businesses adversely affected by the COVID-19 pandemic.
New Payroll Report Feature Makes SBA Loan Applications Easier Read More
As states across the nation feverishly work to approve emergency funding for struggling small businesses, many are cutting staff while others ponder shuttering their doors altogether. However, help for small businesses doesn’t start and end with the government’s SBA loan program. So, where else can small businesses get financial help right now? If you’re in
Financial Resources Small Businesses May Not Know About! Read More
U.S. stocks rallied on Monday, April 6th. This, after encouraging news, emerged from Europe and New York that pointed to a downward turn in coronavirus-related deaths. So, is the lockdown working? It certainly is a positive sign. While promising, it’s important to remember that these are early signs. A tough week is still ahead with
Is the COVID-19 Lockdown Working? Read More
