Our office is currently closed to the public. Read more about this and other important information regarding COVID-19. >>

KBS

802.524.9531 / 800.499.9531

Category: COVID-19

PPP gets 5-week extension

On July 4, President Trump signed a five-week extension to the Paycheck Protection Program (PPP) after unanimous agreement from the Senate and U.S. House of Representatives in an effort to continue providing relief for small businesses hit hard by the pandemic. Applications officially closed for the program on June 30 when the Senate voted for […]

Read more ›

Vermont Economic Recovery Grant applications open July 6

The Economic Recovery Grants application process will open on Monday, July 6. Signed into law on June 19, 2020, Act 115 creates emergency economic recovery grants for Vermont businesses and nonprofits that have suffered severe financial hardship resulting from the COVID-19 pandemic. Applications will be assessed on a first-come, first-served basis; therefore, it is paramount […]

Read more ›

SBA issues update first PPP interim final rule following PPP Flexibility Act

On June 10, 2020, the Small Business Administration (SBA) issued an updated interim final rule for the Paycheck Protection Program (PPP) in response to the PPP Flexibility Act passed on June 5, 2020. The updated guidance accounts for revisions made to the covered period, usage of funds changes, extended safe harbors, and more. Here is […]

Read more ›

PPP extension bill approved by Senate, signed by President

On June 5, 2020, the president signed into law the Paycheck Protection Program Flexibility Act after it passed the Senate with a unanimous vote. The bill drafted by the House extends certain provisions of the Paycheck Protection Program (PPP) to provide small businesses with relief in the timeframe and use of their PPP loan funds. […]

Read more ›

House passes bill to extend, expand provisions of PPP

On May 28, 2020, in a nearly unanimous vote, the U.S. House of Representatives voted to extend certain provisions of the Paycheck Protection Program (PPP) to provide small businesses with relief in the timeframe and use of their PPP loan funds. While President Trump has encouraged changes to PPP, and the Senate had been developing […]

Read more ›