Rodino & Associates, Inc.'s Blog – March 2021 Archive (5)
PPP Loan Update
The Senate approved the https://bit.ly/39shOP0 yesterday with a vote of 92 to 7. The bill extends the Program until May 31st and then allows the SBA another 30 days to continue processing successfully completed PPP applications already submitted. This legislation now goes to the President for his signature.
The additional two months extension from March 31st is good news for those who have not yet started their PPP loan application or made it…
ContinueAdded by Rodino & Associates, Inc. on March 29, 2021 at 12:35pm — No Comments
PPP Loan Offering Extended!
The house has voted to extend the PPP application deadline until May 31, 2021! We continue to accept applications! Call today! 516 268 0350
Added by Rodino & Associates, Inc. on March 24, 2021 at 9:20am — No Comments
PPP Loans EXTENDED!
The house has voted to extend the PPP application deadline until May 31, 2021! We continue to accept applications! Call today! 516 268 0350
Added by Rodino & Associates, Inc. on March 24, 2021 at 9:18am — No Comments
PPP Update
Currently, the Paycheck Protection Program (PPP) is set to expire at midnight on March 31st. However, there is currently growing Congressional support for an extension of the program until May 31st. In either case, my provider currently plans to continue accepting and processing applications until the SBA is no longer accepting new submissions. Earlier this week, The New York Times published a story regarding challenges with the implementation of the new PPP formula and rules. They…
ContinueAdded by Rodino & Associates, Inc. on March 12, 2021 at 5:42pm — No Comments
Unsecured Lines of Credit
Unsecured business lines of credit can be a lifeline for real estate investors. Instead of utilizing cash-on-hand to rehab your properties, imagine your expenses on a revolving business line(s) of credit that can be as low as 0%. Once the house is sold, you can pay for the accrued expenses and have the full lines of credit at your disposal again. By begin able to separate your personal and business credit, you will be able to truly establish your business on its own merit. Call today to…
ContinueAdded by Rodino & Associates, Inc. on March 11, 2021 at 10:56am — No Comments
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