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In the News: PPP Loan Forgiveness Made Simpler

Loan Forgiveness

If the thought of jumping through regulatory bands precisely to get the forgiveness on the Paycheck Protection Program( PPP) credit had you in knots, you got some succour this week.

As more small and medium-sized businesses across America are looking to apply for forgiveness on the credit they received earlier this year, they got some good word. The US Small Business Administration and Treasury Dept. announced a brand-new, simpler have applied for PPP credit forgiveness.

The simpler application is for loans handed out for less than $50,000.

PPP loans were a big helping hand to millions of companies in the US as they struggled with pandemic-related business shutdown orders.

To find out more about the new PPP loan forgiveness process, check out our report on it from earlier this week: SBA and Treasury Dept. Unveil Simpler PPP Loan Forgiveness Process

And for the rest of the week in small business news, check out our weekly roundup below.

Small Business News Roundup for October 16, 2020

Here are the other headlines most important to small businesses and inventors in the US the coming week 😛 TAGEND ClearSale and BigCommerce Prep Ecommerce Small Business

ClearSale and BigCommerce have come together to help small businesses address fraud as the festivity shopping season fast approachings. And this year, more than any other year, chiefly driven by the pandemic, more people are now going to shopping online. This implies fraudsters are also going to be just as busy.

Facebook Launches Season of Support for Small Business Holiday Shopping Rush

In a dictation to help small businesses capitalize on the upcoming holiday shop season, Facebook has launched its Season of Support initiative. With the brand-new provide jobs deporting festivity advertisements on Facebook or Instagram will receive free exercise, market endorsement and insights.

Fiverr Small Business Needs Index Highlights Services Most In-Demand

The semi-annual Small Business Needs Index from Fiverr only disclosed the most in-demand services on its pulpit. And for this index eCommerce, dropshipping, and network growing surpas the schedule of services that are small businesses are looking for. For freelances providing these services, it means they will be in more demand.

Texting to Main Street Businesses Up 450%( INFOGRAPHIC )

It is not surprising texting to local professions has shot up during the pandemic. What is surprising is by how much, a whopping 450% overall increase in customer calls, verses, and Facebook Message per month. This according to a new study from Numa. This study indicates one of the many access the pandemic is affecting small businesses across the country and indeed around the world.

OpenText Making Electronic Signature Affordable for Small Business

OpenText, a leader in information management software and solutions, has extended its electronic signature offering to accommodate small businesses. Small businesses can now use OpenText Core Signature for hire and partners’ signatures. OpenText Core Signatures Collecting paper signatures can be a sluggish and bulky process.

Foldio3 60 Smart Dome Helps with 360 Product Photos

Foldio has announced the launch of its brand-new offering Foldio3 60 Smart Dome that helps you capture 360 deg photos with ease. Foldio3 60 Smart Dome works with various inventions including smartphones, DSLRs and PCs. Besides capturing photos, the Foldio3 60 too helps to produce animations and videos as well.

45% of Small Businesses Have Earned Half or Less of Their Pre-COVID Revenue During Pandemic

The COVID-1 9 pandemic hurt companies of all sizes. But small businesses were hit hardest. If your small business is finding it hard to stay afloat during the pandemic, you’re not alone. Harmonizing to Alignable’s latest report, 45% of small businesses have stated that they have earned less than half of their Pre-COVID revenue.

34% of Small Businesses Struggling to Pay October Rent

In its latest Alignable Pulse Poll of 7, 726 small business owners, 34% of survey respondents say they are struggling to pay their tariff in October. This news comes as the pandemic continues to disrupt business operations across the board eight months on. The Alignable poll, which was taken in the first week of October shows the number is two percent higher than September( 32% ).

The 10 Most Annoying Phrases Said During Video Calls

Love them or loathe them, with the work-from-home era present no mansion of quelling, conference calls are here to stay. Video calls have become increasingly prevalent throughout the pandemic, enabling units to conduct business remotely. It’s important confront attendees present themselves in as professional light-headed as is practicable during remote meetings.

New Social Network Entre Promoted as a LinkedIn Competitor

Freelancers and inventors searching for an alternative to LinkedIn should take a look at a brand-new social network announced Entre. It’s been designed to supply everything needed to kickstart your enterprise in one spot. Small Business Tendency contacted Michael Marra, the CEO/ Founder at Entre, to find out how this make folds into The Future of Work.

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This article, “In the News: PPP Loan Forgiveness Made Simpler” was first published on Small Business Trends

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