Paycheck Protection Program round two: Many businesses seek additional funding
As the next round of the Paycheck Protection Program begins, business owners all over the country have tough decisions to make. Recently, the CFO Strategic Partners team released a survey covering business leader’s thoughts and planned actions for PPP round two. Our top takeaway from participants was that if a business qualifies, it will go […]
read moreFive things you need to know about the PPP loan forgiveness application
Nothing about the Paycheck Protection Loan program has been clear or easy to understand and the loan forgiveness application process is no exception. Our team at CFO Strategic Partners has been working intimately with close to 100 clients over the past several months to navigate the challenging dynamics of the Paycheck Protection Program (PPP). We […]
read moreTHE PPP AND LATEST FORGIVENESS GUIDANCE
The Paycheck Protection Program (PPP) has provided many small and mid-sized companies with much needed funding to sustain their operations during the current pandemic. In fact, more than 77% of small businesses have applied for PPP loans since the application process opened on April 3, 2020. Since that opening date, more than $530 billion in PPP […]
read moreHOW IS YOUR BUSINESS COPING THROUGH THIS PANDEMIC? SURVEY RESULTS
CFO Strategic Partners recently conducted a brief survey to gather feedback about how CEOs are coping with some of the varying and dynamic operating challenges of this current pandemic. The questions asked were derived from the topics that respondents of previous surveys told us they wanted to hear more about how others are handling. Thank […]
read moreMore PPP funding coming—but what comes next?
Small businesses across the country have eagerly sought financial relief through the Paycheck Protection Program (PPP) passed by Congress under the CARES Act. Our team of experienced outsourced CFOs worked diligently to gather, decipher and execute the steps necessary to ensure each of our clients was able to apply in a timely manner. According to […]
read moreSurvey results: How CEOs are navigating the PPP
Over the course of the last few weeks, CFO Strategic Partners has been helping more than 100 clients work their way through the Paycheck Protection Program (PPP)—and we’ve seen firsthand the program’s frustrations and limitations. Business are still waiting for answers, and the fund is nearly depleted. The $350 billion allocated for the program is […]
read moreCOVID-19 Funding through a PPP loan—Anything but simple
Our team at CFO Strategic Partners has been working intimately with close to 100 clients the past two weeks to navigate the challenging dynamics of the Paycheck Protection Program (PPP). Our CFO consultants have helped clients in many different industries and have been interacting with many different lending institutions. Most clients were initially hopeful that […]
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